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
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-Occupied | 78.8% |
| Renter-Occupied | 21.2% |
| Homeownership Rate | 78.8% |
| Total Housing Units | 1,689 |
| Median Year Built | 1991 |
| Rent Burden | 51.0% |
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