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Spencerville, NM

Full City Profile · New Mexico · San Juan County County

2.9 /5.0
C+ Fair
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 330 sunny days/yr
352 Violent Crime/100K 2,358 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,708 median income, 2.4% unemployment
A
Affordability
4.3 / 5.0
$255,400 home value, $1,169/mo rent
F
Safety
1.0 / 5.0
352 violent crimes/100K
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
80%
20%
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-Occupied80.4%
Renter-Occupied19.6%
Homeownership Rate80.4%
Total Housing Units498
Median Year Built1981
Rent Burden32.5%