Gen X Women On Average Believe They Will Need Over $2 Million to Retire Comfortably – More Than Any Other Group of Women, According to Northwestern Mutual Planning & Progress Study Worried About Wealth: Gen X women report higher levels of financial anxiety about retirement preparedness “Generation Zeal:” Gen Z women plan to retire nine … [Read more…]
Gen X Women On Average Believe They Will Need Over $2 Million to Retire Comfortably – More Than Any Other Group of Women, According to Northwestern Mutual Planning & Progress Study Worried About Wealth: Gen X women report higher levels of financial anxiety about retirement preparedness “Generation Zeal:” Gen Z women plan to retire nine … [Read more…]
Northwestern Mutual to Award Record $8.2 Billion Dividend to Policyowners in 2025 Payout is expected to be the industry’s largest and more than triple the size of Northwestern Mutual’s nearest competitor Company’s legacy of returning value to policyowners stretches back more than 150 years and totals more than $160 billion MILWAUKEE, Oct. 1, 2024 /PRNewswire/ — … [Read more…]
Jeb Bentley to succeed Jeff Lueken as Chief Investment Officer and Kelly Culler to succeed Don Robertson as Chief Human Resources Officer effective January 1, 2025 MILWAUKEE, Sept. 26, 2024 /PRNewswire/ — Northwestern Mutual, a leading financial services company, today announced senior leadership changes as part of the company’s strategic succession planning process. The organizational moves … [Read more…]
As the “Land of Enchantment,” New Mexico is home to stunning natural landscapes. From the ancient pueblos and red sand deserts to the rugged peaks of the Sangre de Cristo Mountains and the lush expanses surrounding the Gila National Forest, there are endless places to explore in the state. If you’re looking to live close to these natural wonders, look no further than the mountain towns in New Mexico.
At Rent., we’ve gathered a list of the best New Mexico mountain towns to call home. Whether you’re looking for quaint streets lined with artisan shops, outdoor adventures right at your doorstep, or stunning views from your front porch, there’s a town for you. Let’s jump in.
1. Angel Fire
Mountain range: Sangre de Cristo Mountains
Average rent price: $1,245
Population: 710
Houses for rent in Angel Fire, NM
Apartments for rent in Angel Fire, NM
Homes for sale in Angel Fire, NM
Angel Fire is located in the breathtaking Sangre de Cristo Mountains, offering a serene and picturesque setting for residents. With a small population of just over 700 people, this town boasts a vibrant community with plenty of outdoor activities to enjoy throughout the year.
From skiing and snowboarding in the winter at Angel Fire Resort to mountain biking and hiking in the summer at Oeste Vista Trail, Angel Fire is a haven for adventure enthusiasts. The town is also known for its beautiful parks and trails, making it perfect for those who love to explore the great outdoors.
2. Cloudcroft
Mountain range: Sacramento Mountains
Average rent price: $1,400
Population: 590
Houses for rent in Cloudcroft, NM
Apartments for rent in Cloudcroft, NM
Homes for sale in Cloudcroft, NM
Cloudcroft is a quaint mountain town perched in the Sacramento Mountains. This hidden gem is home to fewer than 600 residents, offering a tight-knit community atmosphere amidst the stunning natural beauty of New Mexico. The town’s elevation provides a cool retreat from the desert heat, making it a perfect spot for hiking, camping, and enjoying the great outdoors.
Cloudcroft is also known for its historical sites, like the Sacramento Mountains Museum, and charming downtown area, where locals and visitors can explore unique shops and restaurants. There are plenty of awesome hiking spots in the area, like Trestle Depot Recreation Area and Mexican Canyon Railroad Trestle.
3. Los Alamos
Mountain range: Jemez Mountains
Average rent price: $1,810
Population: 12,570
Houses for rent in Los Alamos, NM
Apartments for rent in Los Alamos, NM
Homes for sale in Los Alamos, NM
Los Alamos is uniquely situated in the Jemez Mountains, offering breathtaking views and a rich history that dates back to the Manhattan Project. Today, the town is known for its world-class scientific community and outdoor recreation opportunities. With a population of over 12,000, Los Alamos provides a blend of small-town feel and cosmopolitan amenities.
The surrounding mountains and forests offer endless opportunities for hiking, biking, and skiing, making it an ideal location for those who love the outdoors. There are plenty of hiking trails in the area such as the Mitchell Trail, the Guaje Ridge Trail, and the Pueblo Canyon Rim Trail. Make sure to check out sites like the Los Alamos History Museum, the Tsankawi Prehistoric Sites, and the Bradbury Science Museum.
4. Ruidoso
Mountain range: Sierra Blanca Mountain Range
Average rent price: $1,200
Population: 7,420
Houses for rent in Ruidoso, NM
Apartments for rent in Ruidoso, NM
Homes for sale in Ruidoso, NM
Ruidoso is a charming mountain town located in the Sierra Blanca Mountain Range. Known for its beautiful scenery and vibrant community, Ruidoso offers a variety of activities, including horse racing, skiing, golfing, and hiking. The town’s population of over 7,000 people enjoys a lively downtown area with unique shops, restaurants, and events.
There are plenty of trails to check out in the town like Cedar Creek Trails, Moon Mountain, and Dude Mesa. In the winter, you can ski at places like Ruidoso Winter Park or visit Flying J Ranch, a unique attraction. Ruidoso is a one-of-a-kind mountain town in New Mexico.
5. Santa Fe
Mountain range: Sangre de Cristo Mountains
Average rent price: $2,461
Population: 83,900
Houses for rent in Santa Fe, NM
Apartments for rent in Santa Fe, NM
Homes for sale in Santa Fe, NM
Santa Fe, the capital of New Mexico, is renowned for its Pueblo-style architecture, vibrant arts scene, and culinary excellence. Located in the foothills of the Sangre de Cristo Mountains, it offers a unique blend of natural beauty, history, and culture. With a population nearing 84,000, Santa Fe is the largest city on our list so there are plenty of experiences for its residents.
Santa Fe’s proximity to both mountains and the Southern Rocky Mountains forest area makes it a prime location for outdoor enthusiasts and those who appreciate the arts and culture. In the city, you’ll find the iconic Santa Fe Plaza, dating back to the early 1600s, which features historic buildings, local shops, and museums. Be sure to hike some of the popular trails like the Dale Ball Trails, La Cieneguilla Petroglyphs, and La Tierra Trailhead.
6. Silver City
Mountain range: Gila Mountains
Average rent price: $1,169
Population: 9,850
Houses for rent in Silver City, NM
Apartments for rent in Silver City, NM
Homes for sale in Silver City, NM
Silver City lies at the edge of the Gila National Forest, surrounded by the rugged beauty of the Gila Mountains, like Pinos Altos Mountain and Black Peak. This town is a haven for artists, outdoor enthusiasts, and anyone seeking a relaxed mountain lifestyle. With a population of nearly 10,000, Silver City maintains a small-town feel while offering a variety of cultural and recreational activities, like exploring the Silver City Museum and the Boston Hill Open Space.
The town’s vibrant arts scene and access to extensive outdoor recreation make Silver City an appealing choice for those looking to live in a mountain town. From exploring ancient cliff dwellings to enjoying Downtown’s galleries and cafes, Silver City has plenty to offer.
7. Taos
Mountain range: Sangre de Cristo Mountains
Average rent price: $2,728
Population: 6,370
Houses for rent in Taos, NM
Apartments for rent in Taos, NM
Homes for sale in Taos, NM
Taking the final spot on our list of mountain towns in New Mexico is Taos. A picturesque town that embodies the spirit of the Southwest, Taos is located in the Sangre de Cristo Mountains. Taos is known for its historic adobe buildings, thriving arts community, and stunning natural surroundings.
Despite its relatively small population, Taos boasts a diverse cultural heritage and a rich history that attracts visitors and new residents alike. Whether it’s exploring the ancient Taos Pueblo, skiing in the nearby mountains like Kachina Peak, or enjoying the local cuisine, Taos offers an unparalleled mountain town experience.
Note, this list is not comprehensive of all the mountain towns in New Mexico. Towns must have average rental data to be included on the list. Average rental data from Rent.com during September 2024. Population data is sourced from the United States Census Bureau.
Northwestern Mutual Launches Podcast to Provide Real, Expert Financial Advice to Guide the 75 Percent of Americans that Say They Could Be Missing Something Important When it Comes to Their Financial Plan¹ Eight-episode podcast launches as part of new marketing campaign and refreshed brand identity for the company, centered around the better conversations Northwestern Mutual’s … [Read more…]
Northwestern Mutual commemorates children and families affected by childhood cancer with inaugural proclamation for Childhood Cancer Awareness Month Mayor Cavalier Johnson declares Sept. 4 as “goldeNMoments Day” in the city of Milwaukee MILWAUKEE, Sept. 4, 2024 /PRNewswire/ — Receiving a cancer diagnosis is unimaginable, but a reality for more than 1,000 children a day worldwide. … [Read more…]
New Mexico is a state filled with rich culture, stunning landscapes, and fascinating history. Whether you’re looking to rent in Albuquerque or searching for an apartment in Santa Fe, living in New Mexico offers a unique experience. Here are 15 fun facts about New Mexico that highlight why it’s such an intriguing place to call home.
1. New Mexico has the oldest capital city in the United States
Santa Fe, established in 1610, holds the title of the oldest state capital in the country. The city’s rich history reflects a blend of Native American, Spanish, and Mexican cultures. Locals can explore centuries-old architecture and vibrant art scenes. Whether you stroll through historic plazas or visit renowned museums, Santa Fe offers a glimpse into the past.
2. New Mexico has more PhDs per capita than any other state
New Mexico’s rich academic environment attracts highly educated professionals. With Los Alamos National Laboratory and Sandia National Laboratories in the state, research opportunities abound. This concentration of knowledge fosters innovation and contributes to the state’s economy. New Mexico is filled with highly educated communities. The state’s commitment to education makes it a great place for lifelong learners.
3. New Mexico’s state question is “Red or Green?”
New Mexicans take their chile seriously. The unofficial state question, “Red or Green?” refers to the preferred type of chile sauce. Whether you choose red, green, or Christmas (both), the chile adds a distinctive flavor to New Mexican cuisine. You’ll find this question in restaurants across the state.
4. White Sands National Park is made of gypsum crystals
White Sands National Park features vast dunes of white gypsum sand. This unique environment covers 275 square miles in southern New Mexico. Gypsum rarely forms sand because it dissolves in water, but White Sands remains dry. The park offers activities like sand sledding and sunset watching. White Sands is truly a one-of-a-kind environment..
5. The world’s first atomic bomb was tested in New Mexico
The Trinity Test, conducted on July 16, 1945 west of Tularosa, NM, marked a significant moment in history. The test took place at the White Sands Proving Ground, now known as White Sands Missile Range. This event ushered in the Atomic Age. The site remains a symbol of scientific achievement and controversy.
6. Roswell is famous for its alleged UFO incident
Roswell, NM gained international attention after a mysterious object crashed near the town in 1947. The incident sparked widespread speculation about UFOs and extraterrestrial life. Today, Roswell embraces its UFO heritage with museums, festivals, and themed attractions. The city attracts tourists and UFO enthusiasts from all over the world.
7. New Mexico has 19 Native American pueblos
The state is home to 19 distinct pueblos, each with its own culture and traditions. These communities contribute significantly to New Mexico’s cultural identity. Many pueblos welcome visitors during feast days and cultural events. These celebrations provide a glimpse into centuries-old traditions.
8. The Rio Grande runs through the entire length of New Mexico
The Rio Grande is one of North America’s longest rivers. It runs 1,885 miles from Colorado to the Gulf of Mexico. In New Mexico, the river serves as a vital water source and recreational area. Popular activities include rafting, fishing, and hiking along its banks. The Rio Grande also forms part of the U.S.-Mexico border.
9. The state’s official nickname is “The Land of Enchantment”
New Mexico earned its nickname for its stunning landscapes and unique cultural blend. From deserts to mountains, the state’s natural beauty is unmatched. The nickname reflects the state’s ability to captivate both locals and visitors, and living in New Mexico means being surrounded by this enchanting environment daily.
10. Taos Pueblo is a UNESCO World Heritage Site
Taos Pueblo is one of the oldest continuously inhabited communities in the United States. The adobe buildings have stood for over 1,000 years. The pueblo’s residents maintain traditional ways of life, preserving their culture. Visitors can tour the site and learn about its rich history.
11. New Mexico has the largest hot air balloon festival in the world
The Albuquerque International Balloon Fiesta draws hundreds of hot air balloons every year. The event started in 1972 with just 13 balloons. Today, it’s a major attraction, featuring mass ascensions, nighttime glow events, and competitions. The festival takes place every October and attracts visitors from all over the globe. Watching the sky fill with colorful balloons is an unforgettable experience.
12. Georgia O’Keeffe found inspiration in New Mexico
Famed artist Georgia O’Keeffe called New Mexico home for many years. The state’s landscapes heavily influenced her work. Her paintings of deserts, mountains, and flowers capture the essence of New Mexico’s beauty. Today, you can visit the Georgia O’Keeffe Museum in Santa Fe. Her legacy remains a significant part of New Mexico’s artistic heritage.
13. The state has more cows than people
New Mexico’s rural areas are home to many cattle ranches. The state’s low population density means cows often outnumber people. Ranching is a significant part of New Mexico’s economy and culture.
14. Carlsbad Caverns contains over 119 caves
Carlsbad Caverns National Park, located west of Malaga, NM, is famous for its underground limestone caves. The park’s most popular cave, the Big Room, is over 4,000 feet long. Locals can explore the caves on guided or self-guided tours. The caverns offer stunning views of stalactites, stalagmites, and other formations.
15. New Mexico has three UNESCO World Heritage Sites
In addition to Taos Pueblo, and Carlsbad Caverns, New Mexico boasts an additional UNESCO World Heritage Site: Chaco Culture National Historic Park, which includes a number of culturally significant sites that Chacoans used for ceremonies, trade, and politics. These sites represent the state’s rich history and natural wonders.
Only One in Three American Millionaires Feel “Wealthy” and Nearly Half Say Their Financial Planning Needs Improvement, According to Northwestern Mutual Planning & Progress Study What’s it like to feel like a million bucks? Millionaires indicate it’s less about believing you’re rich and more about having confidence and clarity about the future. Nearly 80% of … [Read more…]
Albuquerque, often referred to as “The Duke City,” is a place of rich cultural heritage and stunning natural beauty. With its breathtaking mountain views, historic neighborhoods, and a vibrant arts scene, it’s no wonder that many people are drawn to the unique charm of this Southwestern city. However, life in Albuquerque comes with its own set of challenges. So whether you’re searching for a historic apartment in Old Town or a modern apartment in Nob Hill, you’ve come to the right place.
In this ApartmentGuide article, we’ll explore the various pros and cons of living in Albuquerque, helping you decide if this high-desert city is the right place for you.
Fast facts about living in Albuquerque
Known for: Rich cultural heritage and the annual Albuquerque International Balloon Fiesta
Fun fact: Albuquerque has more than 310 days of sunshine each year
Population: Over 560,000 residents
Average rent: $1,280 per month for a one-bedroom apartment
Median home sale price: $350,000
Elevation: Approximately 5,300 feet above sea level
Public parks: Over 400, including the expansive Rio Grande Valley State Park
Languages spoken: Predominantly English and Spanish
Proximity to Santa Fe: About 60 miles north
Restaurants: A diverse range of dining options, including famous New Mexican cuisine
1. Pro: Affordable cost of living
The cost of living in Albuquerque is 6% lower than the national average, making it an attractive option for those seeking affordability. Housing is particularly affordable, with costs 15% less than the national average. The average rent for a one-bedroom apartment in Albuquerque is around $1,280 per month, and the median sale price for a home in Albuquerque is approximately $350,000. Additionally, utilities and groceries are 3% less expensive, transportation costs are 8% lower, and healthcare is 5% less than the national average. However, lifestyle expenses, such as dining out and entertainment, are on par with the national average. This overall affordability makes Albuquerque an attractive option for those looking to enjoy a high quality of life without the high price tag.
2. Con: Limited job market
While Albuquerque has a relatively affordable cost of living, the job market can be challenging. The city’s economy is heavily reliant on government and healthcare jobs, with fewer opportunities in other industries. Those seeking employment in fields like technology or finance may find limited options, leading to longer job searches or the need to commute to nearby cities.
Top employers in Albuquerque
University of New Mexico
Sandia National Laboratories
Kirtland Air Force Base
Presbyterian Healthcare Services
Albuquerque Public Schools
Lovelace Health System
City of Albuquerque
3. Pro: Rich cultural heritage
Albuquerque is steeped in history and culture, with influences from Native American, Hispanic, and Anglo cultures. The city is home to numerous cultural events, museums, and historic sites that celebrate this diverse heritage. The Old Town area, with its adobe buildings and traditional crafts, offers a glimpse into the city’s past, while the Indian Pueblo Cultural Center provides insight into the region’s Native American history.
4. Con: Limited entertainment options
While Albuquerque has a vibrant arts and cultural scene, it may not offer the same level of entertainment variety as larger cities. Residents sometimes find themselves traveling to nearby cities like Santa Fe or even out of state for certain cultural or entertainment experiences that aren’t available locally. This can be a drawback for those seeking a wide range of nightlife and entertainment options close to home.
Commute times to popular destinations
Santa Fe, NM: Approximately 1 hour by car
El Paso, TX: Approximately 4 hours by car
Phoenix, AZ: Approximately 6.5 hours by car
Denver, CO: Approximately 6 hours by car
Las Vegas, NV: Approximately 8.5 hours by car
5. Pro: Outdoor recreation opportunities
Albuquerque is a haven for outdoor enthusiasts. With its proximity to the Sandia Mountains, the Rio Grande, and numerous parks, residents have easy access to hiking, biking, and water activities. The city’s high desert climate allows for year-round outdoor adventures, from skiing in the winter to hot air ballooning in the fall.
Popular outdoor recreation areas in Albuquerque
Sandia Mountains
Rio Grande Valley State Park
Petroglyph National Monument
Cibola National Forest
Albuquerque BioPark
6. Con: Extreme weather conditions
Albuquerque’s high desert location means it experiences extreme weather conditions. Summers can be hot, with temperatures often reaching the mid-90s, while winters can be cold, especially at night, with temperatures dropping below freezing. The city also experiences occasional droughts and dust storms, which can be challenging for some residents.
7. Pro: Unique local cuisine
Albuquerque is famous for its distinctive New Mexican cuisine, which blends Native American, Spanish, and Mexican flavors. The city is known for its use of green and red chile, which is a staple in many local dishes. From traditional enchiladas to innovative fusion dishes, Albuquerque offers a culinary experience unlike any other.
Popular restaurants in Albuquerque
El Pinto
Sadie’s of New Mexico
Frontier Restaurant
The Grove Café & Market
Mary & Tito’s Cafe
8. Con: Limited public transportation
Public transportation options in Albuquerque are somewhat limited. While the city does have a bus system, it may not be as comprehensive or convenient as those in larger cities. Most residents rely on personal vehicles for commuting, which can be a downside for those who prefer to use public transit or live a car-free lifestyle. Albuquerque has made efforts to improve walkability and become more bike-friendly, with a growing number of bike lanes and paths, it still has room for improvement compared to more pedestrian- and cyclist-oriented cities.
Albuquerque transportation scores
Walk score: 43
Transit score: 29
Bike score: 61
9. Pro: Vibrant arts and cultural scene
Albuquerque boasts a vibrant arts and cultural scene, with numerous galleries, theaters, and music venues. The city is home to a thriving community of artists, musicians, and performers, contributing to a lively and diverse cultural landscape. Annual events like the Albuquerque International Balloon Fiesta and the Gathering of Nations Powwow attract visitors from around the world and celebrate the city’s unique cultural heritage.
10. Con: Air quality issues
Due to its high desert location and occasional weather patterns, Albuquerque can experience air quality issues, particularly during the spring and summer months. Dust storms, wildfires, and vehicle emissions can contribute to poor air quality, which may be a concern for residents with respiratory conditions.
11. Pro: Strong sense of community
Albuquerque is known for its welcoming and community-oriented atmosphere. The city hosts numerous community events, farmers’ markets, and festivals that bring residents together. Neighborhood associations and community organizations play an active role in maintaining the city’s friendly and connected environment, making it a great place for those who value a close-knit community.
12. Con: Educational challenges
While Albuquerque offers several reputable schools and higher education institutions, the city’s public education system faces challenges. Albuquerque Public Schools, the largest district in New Mexico, has struggled with funding issues, overcrowded classrooms, and varying academic performance across schools. Individuals moving to Albuquerque should carefully research schools and consider the educational opportunities available.
13. Pro: Access to healthcare
Albuquerque is home to some of the best healthcare facilities in New Mexico, including the University of New Mexico Hospital and Presbyterian Hospital. The city offers a wide range of medical services, specialists, and healthcare providers, making it a convenient place to access quality healthcare.
14. Con: Urban sprawl
As Albuquerque has grown, it has experienced significant urban sprawl, with the city expanding outward rather than upward. This has led to longer commutes, increased traffic, and a reliance on cars for most daily activities. The spread-out nature of the city can also make it challenging to develop a strong sense of place in certain neighborhoods.
Pros & cons of living in Albuquerque, NM (Summary)
Pro: Affordable cost of living Con: Limited job market Pro: Rich cultural heritage Con: Limited entertainment options Pro: Outdoor recreation opportunities Con: Extreme weather conditions Pro: Unique local cuisine Con: Limited public transportation Pro: Vibrant arts and cultural scene Con: Air quality issues Pro: Strong sense of community Con: Educational challenges Pro: Access to healthcare Con: Urban sprawl