What is the rental vacancy rate in Lovington, NM?
The rental vacancy rate in Lovington, NM is 9.7% (±7.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.4% (±2.1 points).
493 (±178) homes, 12.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lovington, the rental vacancy rate went from 13.4% in 2015–2019 to 9.7% in 2020–2024 (−3.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 9.7% (±7.9 points)
- Homeowner vacancy rate
- 1.4% (±2.1 points)
- Vacant homes
- 493 (±178)
Vacancy in Lovington against Lea County, its state and the nation
| Lovington | Lea County | New Mexico | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 9.7% (±7.9 points) | 8.9% (±3.0 points) | 5.9% (±0.4 points) | 5.5% |
| Homeowner vacancy rate | 1.4% (±2.1 points) | 1.9% (±1.1 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 493 (±178) | 3,733 (±506) | 119,550 (±2,688) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Lovington, the rental vacancy rate is not measurably different from Lea County (8.9%).
It is not measurably different from New Mexico (5.9%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Lovington
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lovington | — | 9.7% (±7.9 points) | — |
| North Hobbs | 18 mi | 6.6% (±12.4 points) | Not measurably different |
| Hobbs | 18 mi | 9.8% (±3.5 points) | Not measurably different |
| Tatum | 22 mi | 0.0% (±39.7 points) | Not measurably different |
| Denver City | 30 mi | 0.0% (±9.9 points) | Not measurably different |
| Plains | 35 mi | 0.0% (±32.7 points) | Not measurably different |
| Eunice | 37 mi | 0.0% (±12.6 points) | Not measurably different |
| Seminole | 43 mi | 17.4% (±10.9 points) | Not measurably different |
| Seagraves | 45 mi | 4.6% (±5.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Lea County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Hobbs | 9.8% (±3.5 points) |
| 2 | Lovington | 9.7% (±7.9 points) |
| 3 | North Hobbs | 6.6% (±12.4 points) |
| 4 (tie) | Eunice | 0.0% (±12.6 points) |
| 4 (tie) | Jal | 0.0% (±16.4 points) |
| 4 (tie) | Tatum | 0.0% (±39.7 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lovington
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Lovington, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lovington beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Lovington, and send estimates and invoices from your phone.
Questions about Lovington
Is it hard to find a rental in Lovington?
The rental vacancy rate in Lovington, NM is 9.7% (±7.9 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Lovington tighter than it was?
In Lovington, the rental vacancy rate went from 13.4% in 2015–2019 to 9.7% in 2020–2024 (−3.7 percentage points), not a measurable change.
How many homes are vacant in Lovington?
An estimated 493 (±178) housing units, 12.6% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lovington city, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lovington city, New Mexico
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lovington city, New Mexico (place:44490, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Lovington at a glance
- Median rent in Lovington
- Rent by bedrooms in Lovington
- Rent burden in Lovington
- Renters and owners in Lovington
- Income and affordability in Lovington
- Home values in Lovington
- Homeowner costs in Lovington
- Property taxes in Lovington
- Types of homes in Lovington
- Bedrooms in Lovington
- Age of homes in Lovington
- Heating fuel in Lovington
- Commute and cars in Lovington
- Crime reported to police in Lovington
- Population growth in Lovington
- How long people stay in Lovington
- Crowding and facilities in Lovington
- New Mexico landlord and tenant rules
- Housing across Lea County
- New Mexico places ranked by rental vacancy rate
- Housing data for every place in New Mexico