Hobbs vs Las Cruces: Housing
| Hobbs | Las Cruces | |
|---|---|---|
| Median Home Value | $191,300 | $231,700 |
| Median Gross Rent | $1,112/mo | $974/mo |
| Homeownership Rate | 66.0% | 55.9% |
| Rent as Share of Income | 20.8% | 21.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.