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Las Cruces, NM

Full City Profile · New Mexico · Doña Ana County County

3.2 /5.0
B Good
112,612 Population 1,464/sq mi density
$55,176 Median Income $30,804 per capita
$217,400 Home Value $286,242 Zillow
$946 Median Rent 35.6% income on rent
66°F Avg Temperature 353 sunny days/yr
497 Violent Crime/100K 3,581 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$55,176 median income, 4.4% unemployment
A
Affordability
4.5 / 5.0
$217,400 home value, $946/mo rent
F
Safety
1.0 / 5.0
497 violent crimes/100K (31% above avg)
B+
Education
4.0 / 5.0
37.3% bachelor's degree or higher

Housing Overview

Median Home Value
$217,400
23% below
US avg: $281,900
Median Rent
$946/mo
19% below
US avg: $1,163/mo
Homeownership Rate
55.6%
15% below US avg (65.4%)
Total Housing Units
48,807
Median year built: 1988

Home Value by Source

Census Median
$217,400
Zillow (ZHVI)
$286,242
Median Sale Price
$299,000
Median List Price
$325,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

55.6%
Owner-Occupied
44.4%
Renter-Occupied
56%
44%
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: $946/mo · Zillow rent: $1,290/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
90
Price Drops
21.5%
of listings with price reduction
Price Per Sq Ft
$177
Active Inventory
442
homes for sale

Affordability & Housing Stock

Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
55.6%

Complete Housing Data

Home Values

Census Median Value$217,400
Zillow Home Value (ZHVI)$286,242
Median Sale Price$299,000
Median List Price$325,500
Price Per Sq Ft$177

Rent

Census Median Rent$946
Zillow Rent (ZORI)$1,290
FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Days on Market82
Sale-to-List Ratio0.0%
Price Drops21.5%
Homes Sold90
Active Inventory442
Price Per Sq Ft$177

Ownership & Stock

Owner-Occupied55.6%
Renter-Occupied44.4%
Homeownership Rate55.6%
Total Housing Units48,807
Median Year Built1988
Rent Burden35.6%