Buying a home in New Mexico

4 cities in New Mexico, largest first: what homes are worth, what renting costs, and a page for each with every for-sale site's search.

Median home value and typical rent by city in New Mexico
CityMedian home value2-bedroom rent
Albuquerque$291,500 ±$3,310$1,211
Las Cruces$231,700 ±$7,198$964
Rio Rancho$310,200 ±$7,254$1,316
Santa Fe$444,900 ±$11,600$1,647

Median value of owner-occupied homes (the owners' own estimate of what their home would sell for), and median gross rent. U.S. Census Bureau, American Community Survey 5-year estimates, 2020–2024 (public domain). The ± is the Census' 90% margin of error.

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