Spencerville, NM
Full City Profile · New Mexico · San Juan County County
3.4
/5.0
B
Good
1,100
Population
209/sq mi density
$60,708
Median Income
$27,312 per capita
$255,400
Home Value
$291,092 Zillow
$1,169
Median Rent
32.5% income on rent
53°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,708 median income, 5.2% unemployment
A
Affordability
4.3 / 5.0
$255,400 home value, $1,169/mo rent
C
Education
2.3 / 5.0
15.7% bachelor's degree or higher
Housing Overview
Median Home Value
$255,400
9% below
US avg: $281,900
Median Rent
$1,169/mo
1% above
US avg: $1,163/mo
Homeownership Rate
80.4%
23% above US avg (65.4%)
Total Housing Units
498
Median year built: 1981
Home Value by Source
Census Median
$255,400
Zillow (ZHVI)
$291,092
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.4%
Owner-Occupied
19.6%
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:
$1,169/mo
Affordability & Housing Stock
Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
80.4%
Complete Housing Data
Home Values
| Census Median Value | $255,400 |
| Zillow Home Value (ZHVI) | $291,092 |
Rent
| Census Median Rent | $1,169 |
| 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 | 80.4% |
| Renter-Occupied | 19.6% |
| Homeownership Rate | 80.4% |
| Total Housing Units | 498 |
| Median Year Built | 1981 |
| Rent Burden | 32.5% |