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El Cerro, NM
Full City Profile · New Mexico · Valencia County County
3.3
/5.0
B
Good
3,093
Population
728/sq mi density
$112,174
Median Income
$42,198 per capita
$291,800
Home Value
$396,947 Zillow
$1,045
Median Rent
13.4% income on rent
56°F
Avg Temperature
330 sunny days/yr
832
Violent Crime/100K
2,136 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$112,174 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$291,800 home value, $1,045/mo rent
F
Safety
1.0 / 5.0
832 violent crimes/100K (119% above avg)
C
Education
2.3 / 5.0
15.9% bachelor's degree or higher
Housing Overview
Median Home Value
$291,800
4% above
US avg: $281,900
Median Rent
$1,045/mo
10% below
US avg: $1,163/mo
Homeownership Rate
86.6%
32% above US avg (65.4%)
Total Housing Units
1,019
Median year built: 1982
Home Value by Source
Census Median
$291,800
Zillow (ZHVI)
$396,947
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.6%
Owner-Occupied
13.4%
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
Census median rent:
$1,045/mo
Affordability & Housing Stock
Rent Burden
13.4%
of renters spending 30%+ of income on housing
57% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
86.6%
Complete Housing Data
Home Values
| Census Median Value | $291,800 |
| Zillow Home Value (ZHVI) | $396,947 |
Rent
| Census Median Rent | $1,045 |
| 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 | 86.6% |
| Renter-Occupied | 13.4% |
| Homeownership Rate | 86.6% |
| Total Housing Units | 1,019 |
| Median Year Built | 1982 |
| Rent Burden | 13.4% |