Hernandez, NM
Full City Profile · New Mexico · Rio Arriba County County
2.0
/5.0
C
Fair
802
Population
472/sq mi density
$24,259
Median Income
$34,410 per capita
$181,900
Home Value
$320,034 Zillow
$748
Median Rent
28.4% income on rent
50°F
Avg Temperature
C
Overall
2.0 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.6 / 5.0
$24,259 median income, 15.2% unemployment
C
Affordability
2.4 / 5.0
$181,900 home value, $748/mo rent
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher
Housing Overview
Median Home Value
$181,900
35% below
US avg: $281,900
Median Rent
$748/mo
36% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
487
Median year built: 1976
Home Value by Source
Census Median
$181,900
Zillow (ZHVI)
$320,034
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent:
$748/mo
Affordability & Housing Stock
Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $181,900 |
| Zillow Home Value (ZHVI) | $320,034 |
Rent
| Census Median Rent | $748 |
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 487 |
| Median Year Built | 1976 |
| Rent Burden | 28.4% |