What is the median rent in Silver City, NM?
The median gross rent in Silver City, NM is $866 (±$24) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,443 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Silver City, the median gross rent went from $666 in 2015–2019 to $866 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $866 (±$24)
- Rented homes
- 1,443 (±276)
- $2,000 or more
- 0.3%
- Since 2015–2019
- +30.0%
How much rent costs in Silver City
| Monthly gross rent | Silver City | Grant County | New Mexico | United States |
|---|---|---|---|---|
| Less than $500 | 4.6% (±3.4 points) | 15.2% | 8.6% | 6.3% |
| $500 to $999 | 71.9% (±10.5 points) | 65.2% | 36.3% | 20.2% |
| $1,000 to $1,499 | 22.1% (±9.4 points) | 18.7% | 32.4% | 28.1% |
| $1,500 to $1,999 | 1.0% (±2.2 points) | 0.6% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±2.9 points) | 0.0% | 4.9% | 12.0% |
| $2,500 to $2,999 | 0.0% (±2.9 points) | 0.0% | 1.3% | 5.5% |
| $3,000 or more | 0.3% (±0.5 points) | 0.2% | 1.3% | 6.8% |
The most common range is $500 to $999, paid by 71.9% of renting households.
0.3% of rented homes in Silver City cost $2,000 or more a month.
Silver City against Grant County, its state and the nation
| Silver City | Grant County | New Mexico | United States | |
|---|---|---|---|---|
| Median gross rent | $866 (±$24) | $825 (±$28) | $1,067 (±$11) | $1,413 |
| Rented homes paying rent | 1,443 (±276) | 2,466 (±376) | 230,521 (±3,240) | 42,849,984 |
In Silver City, median gross rent is higher than in Grant County ($825).
It is also lower than in New Mexico ($1,067).
It is lower than the national figure ($1,413).
In Grant County, Silver City ranks 1 of 4 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 83 of 142.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Silver City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $666 (±$47) | $866 (±$24) | +30.0% | No measurable change after inflation |
| Households that rent | 46.5% (±5.6 points) | 39.5% (±6.2 points) | −7.0 percentage points | Not a measurable change |
| Rental vacancy rate | 5.8% (±5.0 points) | 3.2% (±3.9 points) | −2.6 percentage points | Not a measurable change |
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.
Median gross rent in places near Silver City
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Silver City | — | $866 (±$24) | — |
| Santa Clara | 7.0 mi | $543 (±$244) | Lower |
| Bayard | 8.0 mi | $716 (±$84) | Lower |
| Hurley | 9.8 mi | $545 (±$250) | Lower |
| Lordsburg | 39 mi | $826 (±$120) | Not measurably different |
| Deming | 47 mi | $586 (±$52) | Lower |
| Duncan | 48 mi | $665 (±$88) | Lower |
| Williamsburg | 61 mi | $424 (±$159) | Lower |
| Clifton | 61 mi | $607 (±$99) | Lower |
Nearby places with a measurably lower figure: Santa Clara, NM ($543), Bayard, NM ($716), Hurley, NM ($545).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Grant County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Silver City | $866 (±$24) |
| 2 | Bayard | $716 (±$84) |
| 3 | Hurley | $545 (±$250) |
| 4 | Santa Clara | $543 (±$244) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Silver City
What is the average rent in Silver City, NM?
The Census Bureau publishes the median rather than the average: the median gross rent in Silver City is $866 (±$24) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Silver City?
In Silver City, the median gross rent went from $666 in 2015–2019 to $866 in 2020–2024 (+30.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Silver City cost more than $2,000 a month?
0.3% of rented homes in Silver City have a gross rent of $2,000 or more a month, and 4.6% cost less than $500.
Is rent in Silver City higher than in Grant County?
In Silver City, median gross rent is higher than in Grant County ($825).
It is also lower than in New Mexico ($1,067).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Silver City town, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Silver City town, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Silver City town, 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) for Silver City town, New Mexico (place:73260, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
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- New Mexico landlord and tenant rules
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