Cedro, NM
Full City Profile · New Mexico · Bernalillo County County
4.3
/5.0
A
Great
417
Population
77/sq mi density
$117,846
Median Income
$83,043 per capita
$296,300
Home Value
$426,970 Zillow
58°F
Avg Temperature
A
Overall
4.3 / 5.0
Strong
A
Economy
4.0 / 5.0
$117,846 median income, 8.5% unemployment
A+
Affordability
5.0 / 5.0
$296,300 home value, /mo rent
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
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-Occupied | 86.5% |
| Renter-Occupied | 13.5% |
| Homeownership Rate | 86.5% |
| Total Housing Units | 242 |
| Median Year Built | 1989 |
| Rent Burden | 31.0% |