Loving Place / Higgins Place, NM

Neighborhood

Rent in Loving Place / Higgins Place

Median Gross Rent

$681

Rent-to-Income Ratio

28.2%

Renter Share

24.6%

Avg Household Size

2.8

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $668
3 Bedrooms: $1,064

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 52.2%
$1,000-$1,500: 15.1%
$1,500-$2,000: 6.9%
$2,000-$2,500: 0.8%
$2,500+: 0.0%
No Cash Rent: 24.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 13.9%
20-30% (moderate): 31.4%
30-50% (cost-burdened): 11.4%
50%+ (severely cost-burdened): 18.4%
Not Computed: 24.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $51,429

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 74.3%
$1,000-$1,500: 0.0%
$1,500-$2,000: 0.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 24.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Loving Place / Higgins Place

Elk / Old Longbotbam Place

South Spring Acres / Fairbanks