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Meadow Lake, NM

Full City Profile · New Mexico · Valencia County County

2.8 /5.0
C+ Fair
3,959 Population 340/sq mi density
$38,872 Median Income $15,237 per capita
$83,500 Home Value $396,947 Zillow
$783 Median Rent 51.0% income on rent
56°F Avg Temperature 330 sunny days/yr
832 Violent Crime/100K 2,136 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$38,872 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$83,500 home value, $783/mo rent
F
Safety
1.0 / 5.0
832 violent crimes/100K (119% above avg)
C
Education
2.3 / 5.0
15.8% bachelor's degree or higher

Housing Overview

Median Home Value
$83,500
70% below
US avg: $281,900
Median Rent
$783/mo
33% below
US avg: $1,163/mo
Homeownership Rate
78.8%
20% above US avg (65.4%)
Total Housing Units
1,689
Median year built: 1991

Home Value by Source

Census Median
$83,500
Zillow (ZHVI)
$396,947
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.8%
Owner-Occupied
21.2%
Renter-Occupied
79%
21%
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: $783/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
78.8%

Complete Housing Data

Home Values

Census Median Value$83,500
Zillow Home Value (ZHVI)$396,947

Rent

Census Median Rent$783
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-Occupied78.8%
Renter-Occupied21.2%
Homeownership Rate78.8%
Total Housing Units1,689
Median Year Built1991
Rent Burden51.0%