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