Housing & Real Estate — Melrose, New Mexico

Overview

Total Housing Units313
Occupied230
Vacant83
Owner-Occupied179
Renter-Occupied51
Median Home Value (Census)$78,500
Estimated 2026~$88,000
Median Rent$548/mo
Median Property Tax$215/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened58.3%

Housing Age

Built 2010 or later32
Built 2000-20097
Built 1990-19997
Built before 1960132
Median Year Built1968
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.