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RANKING · 1990 CENSUS · 41 SHOWN OF 41

Cheapest homes, New Mexico cities · 1990

New Mexico cities with the lowest median home value (2023 ACS owner-occupied units). This list covers the 41 cities in New Mexico that qualify, ranked against each other statewide.

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SAME RANKING BYCountiesStatesMetrosZIP codes
RELATEDMost expensive homesHighest median rentLowest median rentHighest homeownership rateHighest renter shareNewest housing stock
YEAR19902000201020202024
Cheapest homes by state
RANKPLACESTATEPOPMEDIAN HOME VALUEVS 2000
01Shiprock, NMNM7,610$30,600−14%
02Lovington, NMNM11,620$34,100−22%
03Sunland Park, NMNM18,268$35,100−24%
04Zuni Pueblo, NMNM5,864$36,000−30%
05Grants, NMNM8,933$37,500−38%
06Tucumcari, NMNM5,082$38,200−17%
07Portales, NMNM11,734$39,800−24%
08Hobbs, NMNM40,863$41,600−14%
09Anthony, NMNM8,900$42,900−8%
10Artesia, NMNM12,735$42,900−29%
11Roswell, NMNM46,878$43,400−22%
12Carlsbad, NMNM32,524$44,000−26%
13Deming, NMNM14,944$45,000−17%
14Truth or Consequences, NMNM5,949$45,000−15%
15Raton, NMNM5,952$45,500−30%
16Las Vegas, NMNM12,574$48,400−40%
17Aztec, NMNM6,091$50,500−35%
18Clovis, NMNM37,127$51,500−17%
19Silver City, NMNM9,284$53,100−36%
20Chaparral, NMNM18,186$54,000+2%
21Belen, NMNM7,589$54,700−30%
22Alamogordo, NMNM31,906$57,700−15%
23Bloomfield, NMNM7,335$59,000−17%
24Bernalillo, NMNM9,159$59,400−23%
25Los Lunas, NMNM20,572$60,900−37%
26Socorro, NMNM8,261$61,800−17%
27South Valley, NMNM37,120$62,400−33%
28Farmington, NMNM46,055$65,700−29%
29Las Cruces, NMNM116,978$67,800−19%
30Gallup, NMNM19,969$67,900−22%
31Española, NMNM10,458$76,200−18%
32Taos, NMNM6,526$82,100−45%
33Ruidoso, NMNM7,580$82,600−16%
34Albuquerque, NMNM556,588$85,200−31%
35North Valley, NMNM10,455$85,300−16%
36Santa Fe, NMNM89,837$98,900−44%
37Los Alamos, NMNM13,317$125,200−39%
38Eldorado at Santa Fe, NMNM5,619$129,200−42%
39White Rock, NMNM5,716$130,100−43%
40Corrales, NMNM8,484$159,200−38%
41Los Ranchos de Albuquerque, NMNM5,790$168,900−29%
SHOWING 1–41 OF 41
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UPDATED 2026-06-02 · DATA: US CENSUS BUREAU ACS 5-YEAR ESTIMATES