La Mesa: Housing & Real Estate
The median La Mesa home is valued at $206,300 (estimated market value runs 81% higher at $373,755), with median rent $570 (1.5× below Doña Ana County median $858; 1.7× below New Mexico median $972). Homeownership rate: 77.1%. That's 1.1× higher than the Doña Ana County median ($187,400); about the same as the New Mexico median ($214,132). Market is warm. Vacancy rate 40.7%. New construction makes up 10.7% of stock. A municipal building code is in effect.
- -0.0× annual income — home value vs. household income (vs New Mexico 3.3×).
- 30.2 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 45% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $206,300 — 1.0× the New Mexico median ($214,131). Median rent $570/month. homeownership rate 77.1% — above the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 5.1× |
|---|---|
| Affordability · Rent To Income Pct | 16.8% |
| Affordability · Interpretation | expensive |
| 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 | $373,755 |
| Median Home Value | $206,300 (vs New Mexico $214,132) |
| Median Rent | $570 (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 | 40.7% |
| Housing Market · New construction (% of stock) | 10.7% |
| Housing Market · Price Appreciation 2Yr | 89.8% |
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).
Systems (5)
| 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 | 0.0% |
| Broadband · Broadband-capable premises | 358 |
| 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% |
| Mobile Home Parks Detail · County total | 7 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 77.1% |
|---|---|
| Median Year Built | 1988 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12