Affordable

What Salary Do You Need to Live in Los Lunas?

To afford a 2-bedroom in Los Lunas, you need to earn at least $52,920/year based on estimated fair market rent data. The median household income here is $68,934, which means the typical resident is $16,014 above the threshold.

Census ACS Data Pop. 17,452

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$926	$3,087	$37,040	$-31,894
1 Bedroom	$1,098	$3,660	$43,920	$-25,014
2 Bedroom BENCHMARK	$1,323	$4,410	$52,920	$-16,014
3 Bedroom	$1,614	$5,380	$64,560	$-4,374
4 Bedroom	$1,985	$6,617	$79,400	+$10,466

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$68,934

Annual household

2BR Required Salary

$52,920

Under 30% rule

Income Gap

+$16,014

Surplus

Verdict

Affordable

Ratio: 23.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Los Lunas

Your Annual Salary

Pre-filled with Los Lunas's median household income

Max monthly rent you can afford$1,723

Studio

$926/mo

1 BR

$1,098/mo

2 BR

$1,323/mo

3 BR

$1,614/mo

4 BR

$1,985/mo

Your salary is $0 above the median income in Los Lunas.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Los Lunas

Living in Los Lunas is well within reach for most median-income earners. With a $16,014 cushion between what residents earn and what a 2-bedroom requires, households in Los Lunas typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Los Lunas, a studio at $926/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,614/month remains accessible for dual-income households earning above $64,560.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $79,380 would position you well — though many residents in Los Lunas 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 Los Lunas, New Mexico.

With a total population of 17,452, the city supports an active civilian workforce of 6,498 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $52,920 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

6,498

Active civilian employees in Los Lunas

Frequently Asked Questions About Renting in Los Lunas

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

To afford a 2-bedroom in Los Lunas under the 30% rule, you need an annual salary of at least $52,920. The median household income in Los Lunas is $68,934.

Can I afford a 2-bedroom in Los Lunas on $68,934?

The affordability verdict for Los Lunas is "Affordable". The rent-to-income ratio is 23.0%, meaning median earners have a $16,014 surplus.

What is the average rent in Los Lunas compared to median income?

The median gross rent in Los Lunas is $1,098/month. With a median household income of $68,934, residents spend approximately 23.0% of their income on rent.

What salary do I need for a studio in Los Lunas?

A studio in Los Lunas rents for approximately $926/month. Under the 30% rule, you need an annual salary of $37,040 to afford this.

Is Los Lunas considered an affordable place to live?

Based on the surplus of $16,014 and an affordability verdict of "Affordable", Los Lunas is considered a affordable rental market when comparing the required 2-bedroom salary of $52,920 to the local median household income.

How Los Lunas Compares

Other cities in New Mexico with salary requirements