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
| Portales | Roosevelt County | New Mexico | United States | |
|---|---|---|---|---|
| Renter-occupied share | 52.4% (±6.2 points) | 39.3% (±4.2 points) | 30.0% (±0.4 points) | 34.8% |
| Renting households | 2,391 (±318) | 2,928 (±333) | 251,477 (±3,297) | 45,017,354 |
| Owning households | 2,168 (±320) | 4,513 (±346) | 585,937 (±3,814) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.4 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 47.8% (±5.3 points) | 52.4% (±6.2 points) | +4.6 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Portales | — | 52.4% (±6.2 points) | — |
| Floyd | 13 mi | 6.3% (±15.4 points) | Lower |
| Cannon AFB | 14 mi | 100.0% (±6.1 points) | Higher |
| Dora | 17 mi | 33.3% (±33.5 points) | Not measurably different |
| Clovis | 20 mi | 37.9% (±3.6 points) | Lower |
| Texico | 23 mi | 25.3% (±17.1 points) | Lower |
| Farwell | 23 mi | 34.2% (±13.9 points) | Lower |
| Elida | 23 mi | 6.2% (±7.3 points) | Lower |
| Melrose | 23 mi | 25.1% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Portales | 52.4% (±6.2 points) |
| 2 | Dora | 33.3% (±33.5 points) |
| 3 | Causey | 12.5% (±20.3 points) |
| 4 | Floyd | 6.3% (±15.4 points) |
| 5 | Elida | 6.2% (±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
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Portales city, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Portales city, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Portales city, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Portales city, New Mexico
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Portales city, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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
- Housing in Portales at a glance
- Median rent in Portales
- Rent by bedrooms in Portales
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- Income and affordability in Portales
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- Bedrooms in Portales
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- Vacancy rate in Portales
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- Crime reported to police in Portales
- Population growth in Portales
- How long people stay in Portales
- Crowding and facilities in Portales
- New Mexico landlord and tenant rules
- Housing across Roosevelt County
- New Mexico places ranked by share of renters
- Housing data for every place in New Mexico