Affordable

What Salary Do You Need to Live in Artesia?

To afford a 2-bedroom in Artesia, you need to earn at least $40,960/year based on estimated fair market rent data. The median household income here is $75,389, which means the typical resident is $34,429 above the threshold.

Census ACS Data Pop. 12,632

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$717	$2,390	$28,680	$-46,709
1 Bedroom	$850	$2,833	$34,000	$-41,389
2 Bedroom BENCHMARK	$1,024	$3,413	$40,960	$-34,429
3 Bedroom	$1,249	$4,163	$49,960	$-25,429
4 Bedroom	$1,536	$5,120	$61,440	$-13,949

Affordability Breakdown

Where the required salary line crosses above Artesia's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$75,389

Annual household

2BR Required Salary

$40,960

Under 30% rule

Income Gap

+$34,429

Surplus

Verdict

Affordable

Ratio: 16.3%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Artesia

Your Annual Salary

Pre-filled with Artesia's median household income

Max monthly rent you can afford$1,885

Studio

$717/mo

1 BR

$850/mo

2 BR

$1,024/mo

3 BR

$1,249/mo

4 BR

$1,536/mo

Your salary is $0 above the median income in Artesia.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Artesia's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Artesia

Artesia, New Mexico stands out as one of the more financially accessible housing markets in the state. The median household income of $75,389 significantly exceeds the $40,960 needed to comfortably afford a 2-bedroom at 30% of gross income — leaving a $34,429 annual surplus for savings, debt repayment, or lifestyle spending.

For remote workers or relocators evaluating Artesia, a studio at $717/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,249/month remains accessible for dual-income households earning above $49,960.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $61,440 would position you well — though many residents in Artesia manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Artesia, New Mexico.

With a total population of 12,632, the city supports an active civilian workforce of 5,792 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $40,960 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

5,792

Active civilian employees in Artesia

Frequently Asked Questions About Renting in Artesia

What salary do I need to live in Artesia, New Mexico?

To afford a 2-bedroom in Artesia under the 30% rule, you need an annual salary of at least $40,960. The median household income in Artesia is $75,389.

Can I afford a 2-bedroom in Artesia on $75,389?

The affordability verdict for Artesia is "Affordable". The rent-to-income ratio is 16.3%, meaning median earners have a $34,429 surplus.

What is the average rent in Artesia compared to median income?

The median gross rent in Artesia is $850/month. With a median household income of $75,389, residents spend approximately 16.3% of their income on rent.

What salary do I need for a studio in Artesia?

A studio in Artesia rents for approximately $717/month. Under the 30% rule, you need an annual salary of $28,680 to afford this.

Is Artesia considered an affordable place to live?

Based on the surplus of $34,429 and an affordability verdict of "Affordable", Artesia is considered a affordable rental market when comparing the required 2-bedroom salary of $40,960 to the local median household income.

How Artesia Compares

Other cities in New Mexico with salary requirements