Apartments for rent in Cedar Crest, NM

Cedar Crest, a small town in New Mexico, has a population of approximately 1,000. It's a great place to raise a family, as young children account for a larger portion of the population here (9%) than nationally (6%), while young adults are less well-represented. Most Cedar Crest residents own their homes, and 11% of residents rent. With an average rent of $1,402 per month, exceeding the state average by $527 per month, relatively high rent costs could be a factor in the higher levels of ownership.

With an average commute time of about 32 minutes, longer than most cities in the state, Cedar Crest residents know that it takes some patience traveling to work. Many residents (39%) drive to work, while public transit is not used. Walking isn't a common means of commuting to work.

Compared to the national average (7%), Cedar Crest has a high percentage of residents over the age of 25 who have advanced degrees, as 16% have earned a Master's degree or a Doctoral degree. Further, 24% have a Bachelor's degree, which also outpaces the national average. Many Cedar Crest residents work in one of three industries: healthcare, education, and manufacturing. Combined, these industries make up 24% of the labor force in the town. Meanwhile, looking at job function, 10% of the town's population works in management, which ranks as the top field in the town. Cedar Crest workers earn an average annual income of about $89K, about $28,000 more than the average New Mexico resident. Cedar Crest's average income also compares favorably to the national average of $73,345.