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Melrose, NM
Full City Profile · New Mexico · Curry County County
2.4
/5.0
C
Fair
536
Population
317/sq mi density
$33,333
Median Income
$24,479 per capita
$78,600
Home Value
$135,547 Zillow
$548
Median Rent
35.8% income on rent
59°F
Avg Temperature
330 sunny days/yr
184
Violent Crime/100K
3,250 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$33,333 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$78,600 home value, $548/mo rent
F
Safety
1.0 / 5.0
184 violent crimes/100K
F
Education
1.4 / 5.0
5.4% bachelor's degree or higher
Housing Overview
Median Home Value
$78,600
72% below
US avg: $281,900
Median Rent
$548/mo
53% below
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
290
Median year built: 1968
Home Value by Source
Census Median
$78,600
Zillow (ZHVI)
$135,547
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.8%
Owner-Occupied
22.2%
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:
$548/mo
Affordability & Housing Stock
Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
77.8%
Complete Housing Data
Home Values
| Census Median Value | $78,600 |
| Zillow Home Value (ZHVI) | $135,547 |
Rent
| Census Median Rent | $548 |
| 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 | 77.8% |
| Renter-Occupied | 22.2% |
| Homeownership Rate | 77.8% |
| Total Housing Units | 290 |
| Median Year Built | 1968 |
| Rent Burden | 35.8% |