What percentage of people rent in Portales, NM?

52.4% (±6.2 points) of the occupied homes in Portales, NM are rented (2020–2024 American Community Survey).

That is 2,391 renting households against 2,168 that own their home.

In Portales, the share of households that rent went from 47.8% in 2015–2019 to 52.4% in 2020–2024 (+4.6 percentage points), not a measurable change.

Figures last updated on .

Households that rent
52.4% (±6.2 points)
Renting households
2,391 (±318)
Median renter income
$47,102 (±$13,454)

Who rents and who owns in Portales

Tenure, estimate (90% margin of error)
PortalesRoosevelt CountyNew MexicoUnited States
Renter-occupied share52.4% (±6.2 points)39.3% (±4.2 points)30.0% (±0.4 points)34.8%
Renting households2,391 (±318)2,928 (±333)251,477 (±3,297)45,017,354
Owning households2,168 (±320)4,513 (±346)585,937 (±3,814)84,210,142
Average renter household size2.3 (±0.3)2.4 (±0.2)2.2 (±0.0)2.3
Average owner household size2.6 (±0.3)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$47,102 (±$13,454)$45,978 (±$11,133)$40,497 (±$955)$52,966
Median owner household income$61,401 (±$11,228)$66,479 (±$10,430)$77,401 (±$970)$100,009

In Portales, the renter share is higher than in Roosevelt County (39.3%).

It is also higher than in New Mexico (30.0%).

It is higher than the national figure (34.8%).

In Roosevelt County, Portales ranks 1 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 14 of 205.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Portales has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent47.8% (±5.3 points)52.4% (±6.2 points)+4.6 percentage pointsNot a measurable change
Median gross rent$776 (±$81)$903 (±$87)+16.4%No measurable change after inflation
Median household income$37,921 (±$5,543)$50,555 (±$4,369)+33.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Portales

Nearest places with a published estimate, compared with Portales
PlaceDistanceHouseholds that rentCompared with this place
Portales—52.4% (±6.2 points)—
Floyd13 mi6.3% (±15.4 points)Lower
Cannon AFB14 mi100.0% (±6.1 points)Higher
Dora17 mi33.3% (±33.5 points)Not measurably different
Clovis20 mi37.9% (±3.6 points)Lower
Texico23 mi25.3% (±17.1 points)Lower
Farwell23 mi34.2% (±13.9 points)Lower
Elida23 mi6.2% (±7.3 points)Lower
Melrose23 mi25.1% (±10.7 points)Lower

Nearby places with a measurably lower figure: Floyd, NM (6.3%), Clovis, NM (37.9%), Texico, NM (25.3%).

Nearby places with a measurably higher figure: Cannon AFB, NM (100.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Roosevelt County, place by place

RankPlaceHouseholds that rent
1Portales52.4% (±6.2 points)
2Dora33.3% (±33.5 points)
3Causey12.5% (±20.3 points)
4Floyd6.3% (±15.4 points)
5Elida6.2% (±7.3 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 Portales

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 Portales, 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 Portales beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Portales, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Portales

How many renters are there in Portales?

Portales has an estimated 2,391 (±318) renting households, 52.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Portales?

In Portales, the share of households that rent went from 47.8% in 2015–2019 to 52.4% in 2020–2024 (+4.6 percentage points), not a measurable change.

How big are renting households in Portales?

A renting household in Portales has 2.3 people on average, against 2.6 in an owned home.

How much do renters earn in Portales?

The median renting household in Portales, NM has an income of $47,102 (±$13,454) a year, against $61,401 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Portales city, New Mexico (place:59260, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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