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Milan, NM
Full City Profile · New Mexico · Cibola County County
2.7
/5.0
C+
Fair
2,473
Population
561/sq mi density
$37,551
Median Income
$21,097 per capita
$71,300
Home Value
$145,746 Zillow
$828
Median Rent
33.4% income on rent
52°F
Avg Temperature
330 sunny days/yr
110
Violent Crime/100K
110 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$37,551 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$71,300 home value, $828/mo rent
F
Safety
1.0 / 5.0
110 violent crimes/100K
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Housing Overview
Median Home Value
$71,300
75% below
US avg: $281,900
Median Rent
$828/mo
29% below
US avg: $1,163/mo
Homeownership Rate
61.8%
6% below US avg (65.4%)
Total Housing Units
1,033
Median year built: 1975
Home Value by Source
Census Median
$71,300
Zillow (ZHVI)
$145,746
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.8%
Owner-Occupied
38.2%
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:
$828/mo
Affordability & Housing Stock
Rent Burden
33.4%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
61.8%
Complete Housing Data
Home Values
| Census Median Value | $71,300 |
| Zillow Home Value (ZHVI) | $145,746 |
Rent
| Census Median Rent | $828 |
| 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 | 61.8% |
| Renter-Occupied | 38.2% |
| Homeownership Rate | 61.8% |
| Total Housing Units | 1,033 |
| Median Year Built | 1975 |
| Rent Burden | 33.4% |