States › New Mexico › Aztec

Is Aztec, NM expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$66762% lower than U.S. average
💵 Families earn per year (2026)$45,272about $3,773/month · 48% lower than U.S. average
🔑 House price$175,00047% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.9 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $26,680 a year. That is $13 an hour at a full-time job.

Is rent cheaper than other New Mexico cities?

Yes. Rent here is cheaper than in most of New Mexico. It is number 5 of 44 cities from cheapest to most expensive.

Aztec
$667
$1,181
$1,183

How much do households earn in Aztec?

Under $25k
30.9%
$25k–50k
21.5%
$50k–100k
23.9%
$100k–150k
8.7%
$150k+
6.3%

Share of households by yearly income. 15.1% of households earn $100,000 or more.

Rent by apartment size in Aztec

SizeAztecU.S. average
Studio$592$1,338
1 bedroom$495$1,324
2 bedrooms$924$1,509
3 bedrooms$1,205$1,698
4 bedrooms$1,790$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Aztec overall?

Everyday prices in New Mexico overall are 8% below the U.S. average (index 92.2, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
78
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Aztec, so the New Mexico figure is shown.

Taxes and bills in Aztec

🏛️ Property tax$1,338a year · 0.76% of home value · U.S. $3,119
⚡ Electric bill$169a month (typical) · U.S. $156

Life in Aztec

Commute to work20.5 minU.S.: 26.4 min
College degree15.7%U.S.: 35.7%
Own their home63.3%U.S.: 65.2%
Below poverty line25.9%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Aztec?

Renting is cheaper right now: about $547 a month less.

Renting
$667
Owning
$1,214

Owning assumes a typical $175,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,500 for the down payment.

Frequently asked questions

What is the average rent in Aztec, NM?

Renting in Aztec costs a median of about $667 a month in 2026, including utilities. The New Mexico median is $1,181.

How much do I need to make to live in Aztec?

To keep rent under 30% of income, you need about $26,680 a year, or $13 an hour at a full-time job.

Is Aztec cheap or expensive?

Aztec is rated Cheap: rent takes 17.7% of the typical household income of $45,272. It ranks 5th cheapest of 44 New Mexico cities we track.

How much are property taxes in Aztec?

The median homeowner in Aztec pays $1,338 a year in property taxes, about 0.76% of the median home value.

Is Aztec more expensive than the national average?

Overall prices in New Mexico are 8% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Aztec?

The median home value in Aztec is $175,000, about 3.9 times the typical yearly household income.

6,150 people live in Aztec. Numbers are typical (middle) values.