Housing & Real Estate — Las Cruces, New Mexico
Overview
| Total Housing Units | 49,809 |
| Occupied | 46,661 |
| Vacant | 3,148 |
| Owner-Occupied | 25,929 |
| Renter-Occupied | 20,732 |
| Median Home Value (Census) | $231,700 |
| Estimated 2026 | ~$269,000 |
| Median Rent | $946/mo |
| Median Property Tax | $1,571/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | N/A |
| Rent as % of Income | N/A% |
| Severely Rent-Burdened | 51.0% |
Housing Age
| Built 2010 or later | 8,191 |
| Built 2000-2009 | 10,315 |
| Built 1990-1999 | 7,370 |
| Built before 1960 | 6,166 |
| Median Year Built | 1988 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.