Housing & Real Estate — Portales, New Mexico

Overview

Total Housing Units5,283
Occupied4,493
Vacant790
Owner-Occupied2,380
Renter-Occupied2,113
Median Home Value (Census)$133,400
Estimated 2026~$135,000
Median Rent$870/mo
Median Property Tax$728/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened31.6%

Housing Age

Built 2010 or later441
Built 2000-2009664
Built 1990-1999560
Built before 19601,290
Median Year Built1976
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.