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Rent Prices in Melrose, NM
Median gross rent (rent plus utilities) by number of bedrooms. American Community Survey 2020-2024 5-year estimates.
- Median rent
- $833/mo
- New Mexico $1,067/mo
- 2-bedroom median rent
- $523/mo
- New Mexico $1,062/mo
- Renters paying 30%+ of income
- 58.3%
- New Mexico 50.2%
- Renter households
- 48
- New Mexico 251,477
Melrose has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Median rent by number of bedrooms
Gross rent: contract rent plus utilities
| Bedrooms | Median rent |
|---|---|
| Studio (no bedroom) | Not reported |
| 1 bedroom | Not reported |
| 2 bedrooms | $523/mo |
| 3 bedrooms | $1,039/mo |
| 4 bedrooms | Not reported |
| 5 or more bedrooms | Not reported |
Rent as a share of income
Renter households where the share could be computed
- Pay 30% or more of income2858.3%
- Pay 50% or more of income1837.5%
The median renter household spends 37.0% of its income on rent.
HUD Fair Market Rent, fiscal year 2027
Curry County, NM
2 bedrooms: $1,151/mo. HUD Fair Market Rent is used for housing assistance and is not an asking rent.
How it compares
Swipe the table sideways to see more columns.
| Area | Median rent | 1 bedroom | 2 bedrooms | 3 bedrooms | Renters paying 30%+ of income |
|---|---|---|---|---|---|
| Melrose, NM | $833/mo | Not reported | $523/mo | $1,039/mo | 58.3% |
| Curry County | $1,024/mo | $646/mo | $986/mo | $1,254/mo | 48.2% |
| New Mexico | $1,067/mo | $887/mo | $1,062/mo | $1,281/mo | 50.2% |
| United States | $1,413/mo | $1,235/mo | $1,407/mo | $1,584/mo | 51.1% |
Frequently asked questions
- What is the median rent in Melrose, NM?
- The median gross rent in Melrose, NM is $833 a month, and a typical 2-bedroom rents for $523/mo.
- How does Melrose compare with New Mexico?
- The median rent in Melrose is $833/mo, compared with $1,067/mo for New Mexico as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates
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