Home Price Key
Affordable
Average
Expensive
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 $195,627, lower than the New Mexico average of $199,923.
The average cost of rent is $926/mo in Las Cruces, primarily driven by the current value of real estate in the Las Cruces area. While nearly 43.20% of residents own their homes outright in Las Cruces, 34.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in Las Cruces is $5,292 per month. Households that rent pay about 17.49% of their income on rent here. Las Cruces's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Dona Ana, NM: higher priced homes
- Mesilla, NM: higher priced homes
- Mesilla Park, NM: equally priced homes
- Spaceport City, NM: less expensive homes
- Santo Tomas, NM: equally priced homes
- Organ, NM: less expensive homes
- White Sands, NM: less expensive homes
- Fairacres, NM: higher priced homes
- Orogrande, NM: less expensive homes
- Ventura, NM: less expensive homes
Cities with Similar Populations
- Duluth, GA: higher priced homes
- Douglasville, GA: equally priced homes
- Dublin, CA: higher priced homes
- Dublin, OH: higher priced homes
- Dayton, OH: less expensive homes
- Dothan, AL: equally priced homes
- Denton, TX: higher priced homes
- Denver, CO: higher priced homes
- Duluth, MN: higher priced homes
- Des Moines, IA: higher priced homes
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