
Home Price Key
These days, finding an affordable place to live in the Las Cruces area can be challenging. Home prices in Las Cruces are now at a median cost of $1,422,775, higher than the California average of $648,235.
The average cost of rent is $1,608/mo in Las Cruces, primarily driven by the current value of real estate in the Las Cruces area. While nearly 46.94% of residents own their homes outright in Las Cruces, 63.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Las Cruces is $7,116 per month. Households that rent pay about 22.60% of their income on rent here. Las Cruces's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Buellton, CA: less expensive homes
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- Santa Barbara, CA: less expensive homes
Cities with Similar Populations
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