Housing & Real Estate — Farmington, New Mexico
Overview
| Total Housing Units | 18,220 |
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| Occupied | 16,304 |
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| Vacant | 1,916 |
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| Owner-Occupied | 10,345 |
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| Renter-Occupied | 5,959 |
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| Median Home Value (Census) | $233,000 |
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| Estimated 2026 | ~$252,000 |
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| Median Rent | $993/mo |
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| Median Property Tax | $1,427/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 31.5% |
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Housing Age
| Built 2010 or later | 1,849 |
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| Built 2000-2009 | 3,011 |
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| Built 1990-1999 | 1,937 |
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| Built before 1960 | 2,831 |
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| Median Year Built | 1981 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
