Census ACS 2023 · 23 cities
Most Expensive Cities in New Mexico
Housing costs are the single largest expense for most families. In New Mexico, Los Alamos Cdp has the highest median home value at $458,200. Across the state's 23 major cities, home values reflect local demand, job markets, school quality, and proximity to amenities. Understanding housing costs city-by-city helps homebuyers and renters find the best value for their budget within New Mexico.
Source: Census ACS 2023 5-Year Estimates
| # | City | Home Value | Median Rent | Median Income |
|---|---|---|---|---|
| 1 | Sunland Park city | $194,900 | $770.00 | $52,147 |
| 2 | South Valley Cdp | $205,200 | $942.00 | $51,062 |
| 3 | Santa Fe city | $411,500 | $1,380 | $70,110 |
| 4 | Roswell city | $139,200 | $840.00 | $50,294 |
| 5 | Rio Rancho city | $273,300 | $1,481 | $85,755 |
| 6 | Portales city | $132,900 | $870.00 | $51,290 |
| 7 | North Valley Cdp | $290,500 | $1,063 | $67,115 |
| 8 | Lovington city | $162,900 | $1,063 | $67,284 |
| 9 | Los Lunas village | $232,700 | $1,157 | $63,696 |
| 10 | Los Alamos Cdp | $458,200 | $1,304 | $136,502 |
| 11 | Las Vegas city | $143,900 | $731.00 | $42,732 |
| 12 | Las Cruces city | $217,400 | $946.00 | $55,176 |
| 13 | Hobbs city | $180,700 | $1,132 | $65,691 |
| 14 | Gallup city | $134,600 | $858.00 | $57,466 |
| 15 | Farmington city | $225,400 | $993.00 | $63,745 |
| 16 | Española city | $205,100 | $832.00 | $47,664 |
| 17 | Deming city | $112,800 | $596.00 | $35,920 |
| 18 | Clovis city | $160,000 | $947.00 | $54,029 |
| 19 | Chaparral Cdp | $101,900 | $874.00 | $46,102 |
| 20 | Carlsbad city | $187,900 | $1,206 | $78,277 |
| 21 | Artesia city | $213,800 | $875.00 | $77,647 |
| 22 | Albuquerque city | $266,700 | $1,085 | $65,604 |
| 23 | Alamogordo city | $163,600 | $886.00 | $52,515 |
More Rankings for New Mexico
Frequently Asked Questions
Los Alamos Cdp is the #1 ranked city in New Mexico by median home value, with a value of $458,200 according to Census ACS 2023 data.
New Mexico has 23 cities with 10,000+ population tracked in Census ACS 2023 data.
All data comes from the American Community Survey (ACS) 2023 5-Year estimates by the US Census Bureau.
Data from the American Community Survey 2023 5-Year estimates. Covers cities with populations of 10,000 or more in New Mexico.