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Farmington vs Las Cruces: Housing

FarmingtonLas Cruces
Median Home Value$233,000$231,700
Median Gross Rent$1,037/mo$974/mo
Homeownership Rate66.2%55.9%
Rent as Share of Income18.1%21.1%

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