Housing & Real Estate — Las Cruces, New Mexico

Overview

Total Housing Units49,809
Occupied46,661
Vacant3,148
Owner-Occupied25,929
Renter-Occupied20,732
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 RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened51.0%

Housing Age

Built 2010 or later8,191
Built 2000-200910,315
Built 1990-19997,370
Built before 19606,166
Median Year Built1988
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.