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States / New Mexico / Las Cruces

Las Cruces, NM Housing

ACS 2020-2024

Median Home Value
$231,700 ± $7,198
Median Gross Rent
$974 ± $41/mo
Homeownership Rate
55.9%
Rent as Share of Income
21.1%
Price-to-Income Ratio
4.2×
Vacancy Rate
5.8%
Median Year Built
1991

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
642
Buildings
594
Single-Family Units
553
Multi-Family Units
89

Nearby Cities in New Mexico

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Las Cruces, NM Housing: Rent & Home Values | HomeDataUSA