Chaparral: Housing & Real Estate
Homes in Chaparral carry a median value of $109,300 (estimated market value runs 18% higher at $128,846), with median rent $853 (about the same as Doña Ana County median $858; 1.1× below New Mexico median $972). Homeownership rate: 69.4%. That's 1.7× below the Doña Ana County median ($187,400); 2.0× below the New Mexico median ($214,132). Market is warm. Vacancy rate 19.5%. New construction makes up 13.8% of stock. A municipal building code is in effect.
- 2.4× annual income — home value vs. household income (vs New Mexico 3.3×).
- 10.7 years to break even renting at the median (vs New Mexico 18y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
- Median rent 18% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $109,300 — 0.5× the New Mexico median ($214,131). Median rent $853/month. homeownership rate 69.4% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 2.4× |
|---|---|
| Affordability · Rent To Income Pct | 22.2% |
| Affordability · Affordable | Yes |
| Affordability · Interpretation | very affordable |
| Fair Market Rent · Studio rent | $744 |
| Fair Market Rent · One-bedroom rent | $951 |
| Fair Market Rent · Two-bedroom rent | $1,042 |
| Fair Market Rent · Three-bedroom rent | $1,449 |
| Fair Market Rent · Four-bedroom rent | $1,580 |
| Fair Market Rent · HUD FMR area | Las Cruces, NM MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $128,846 |
| Median Home Value | $109,300 (vs New Mexico $214,132) |
| Median Rent | $853 (vs New Mexico $972) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 19.5% |
| Housing Market · New construction (% of stock) | 13.8% |
| Housing Market · Price Appreciation 2Yr | 7.3% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Facilities (2)
Systems (2)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 4.6% |
| Broadband · Broadband-capable premises | 8,655 |
| Electricity · Electricity rate (¢/kWh) | 14.20¢/kWh |
| Electricity · Customers | 936,098 |
| Electricity · Revenue Millions | $1,043 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · Refreshed 2026-04-12
Other
| Homeownership Rate | 69.4% |
|---|---|
| Median Year Built | 1994 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12