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Arenas Valley, NM

Full City Profile · New Mexico · Grant County County

3.3 /5.0
B Good
915 Population 225/sq mi density
$74,107 Median Income $28,339 per capita
$166,100 Home Value $165,556 Zillow
60°F Avg Temperature 330 sunny days/yr
60 Violent Crime/100K 1,968 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$74,107 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$166,100 home value, /mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Housing Overview

Median Home Value
$166,100
41% below
US avg: $281,900
Homeownership Rate
81.8%
25% above US avg (65.4%)
Total Housing Units
603
Median year built: 1988

Home Value by Source

Census Median
$166,100
Zillow (ZHVI)
$165,556
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.8%
Owner-Occupied
18.2%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo

Affordability & Housing Stock

Rent Burden
45.0%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
81.8%

Complete Housing Data

Home Values

Census Median Value$166,100
Zillow Home Value (ZHVI)$165,556

Rent

FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Ownership & Stock

Owner-Occupied81.8%
Renter-Occupied18.2%
Homeownership Rate81.8%
Total Housing Units603
Median Year Built1988
Rent Burden45.0%