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Cedro, NM

Full City Profile · New Mexico · Bernalillo County County

3.6 /5.0
B+ Good
417 Population 77/sq mi density
$117,846 Median Income $83,043 per capita
$296,300 Home Value $426,970 Zillow
55°F Avg Temperature 330 sunny days/yr
106 Violent Crime/100K 2,192 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$117,846 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$296,300 home value, /mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B+
Education
3.8 / 5.0
35.5% bachelor's degree or higher

Housing Overview

Median Home Value
$296,300
5% above
US avg: $281,900
Homeownership Rate
86.5%
32% above US avg (65.4%)
Total Housing Units
242
Median year built: 1989

Home Value by Source

Census Median
$296,300
Zillow (ZHVI)
$426,970
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.5%
Owner-Occupied
13.5%
Renter-Occupied
87%
14%
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
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
86.5%

Complete Housing Data

Home Values

Census Median Value$296,300
Zillow Home Value (ZHVI)$426,970

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-Occupied86.5%
Renter-Occupied13.5%
Homeownership Rate86.5%
Total Housing Units242
Median Year Built1989
Rent Burden31.0%