What is the median rent in Truth or Consequences, NM?
The median gross rent in Truth or Consequences, NM is $714 (±$60) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 905 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Truth or Consequences, the median gross rent went from $493 in 2015–2019 to $714 in 2020–2024 (+44.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $714 (±$60)
- Rented homes
- 905 (±192)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +44.8%
How much rent costs in Truth or Consequences
| Monthly gross rent | Truth or Consequences | Sierra County | New Mexico | United States |
|---|---|---|---|---|
| Less than $500 | 30.8% (±10.5 points) | 29.0% | 8.6% | 6.3% |
| $500 to $999 | 48.7% (±12.1 points) | 43.9% | 36.3% | 20.2% |
| $1,000 to $1,499 | 19.2% (±10.2 points) | 23.0% | 32.4% | 28.1% |
| $1,500 to $1,999 | 1.2% (±1.9 points) | 4.1% | 15.1% | 21.1% |
| $2,000 to $2,499 | 0.0% (±4.6 points) | 0.0% | 4.9% | 12.0% |
| $2,500 to $2,999 | 0.0% (±4.6 points) | 0.0% | 1.3% | 5.5% |
| $3,000 or more | 0.0% (±4.6 points) | 0.0% | 1.3% | 6.8% |
The most common range is $500 to $999, paid by 48.7% of renting households.
0.0% of rented homes in Truth or Consequences cost $2,000 or more a month.
Truth or Consequences against Sierra County, its state and the nation
| Truth or Consequences | Sierra County | New Mexico | United States | |
|---|---|---|---|---|
| Median gross rent | $714 (±$60) | $729 (±$44) | $1,067 (±$11) | $1,413 |
| Rented homes paying rent | 905 (±192) | 1,141 (±251) | 230,521 (±3,240) | 42,849,984 |
In Truth or Consequences, median gross rent is not measurably different from Sierra County ($729).
It is also lower than in New Mexico ($1,067).
It is lower than the national figure ($1,413).
In Sierra County, Truth or Consequences ranks 2 of 3 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 111 of 142.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Truth or Consequences has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $493 (±$44) | $714 (±$60) | +44.8% | Up after inflation |
| Households that rent | 36.1% (±5.3 points) | 41.8% (±7.5 points) | +5.7 percentage points | Not a measurable change |
| Rental vacancy rate | 11.6% (±7.0 points) | 11.6% (±7.6 points) | 0.0 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 Truth or Consequences
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Truth or Consequences | — | $714 (±$60) | — |
| Elephant Butte | 5.0 mi | $1,089 (±$707) | Not measurably different |
| Williamsburg | 8.5 mi | $424 (±$159) | Lower |
| Hatch | 40 mi | $503 (±$139) | Lower |
| Santa Clara | 60 mi | $543 (±$244) | Not measurably different |
| Bayard | 60 mi | $716 (±$84) | Not measurably different |
| Socorro | 60 mi | $711 (±$214) | Not measurably different |
| Hurley | 62 mi | $545 (±$250) | Not measurably different |
| Silver City | 66 mi | $866 (±$24) | Higher |
Nearby places with a measurably lower figure: Williamsburg, NM ($424), Hatch, NM ($503).
Nearby places with a measurably higher figure: Silver City, NM ($866).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Sierra County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Elephant Butte | $1,089 (±$707) |
| 2 | Truth or Consequences | $714 (±$60) |
| 3 | Williamsburg | $424 (±$159) |
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 Truth or Consequences
What is the average rent in Truth or Consequences, NM?
The Census Bureau publishes the median rather than the average: the median gross rent in Truth or Consequences is $714 (±$60) 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 Truth or Consequences?
In Truth or Consequences, the median gross rent went from $493 in 2015–2019 to $714 in 2020–2024 (+44.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Truth or Consequences cost more than $2,000 a month?
0.0% of rented homes in Truth or Consequences have a gross rent of $2,000 or more a month, and 30.8% cost less than $500.
Is rent in Truth or Consequences higher than in Sierra County?
In Truth or Consequences, median gross rent is not measurably different from Sierra County ($729).
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 — Truth or Consequences city, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Truth or Consequences city, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Truth or Consequences 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) for Truth or Consequences city, New Mexico (place:79840, 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 .
Related
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