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Most Affordable in New Mexico

Top 46 cities ranked by most affordable

Largest Cities Smallest Cities Most Dense Least Dense Highest Income Lowest Income Lowest Unemployment Highest Unemployment Lowest Poverty Highest Poverty Highest Home Value Most Affordable Highest Rent Lowest Rent Most Educated Youngest Cities Oldest Cities Safest Cities Highest Crime Warmest Cities Coldest Cities Rainiest Cities Driest Cities
All Countries  ·  United States  ·  New Mexico

Most Affordable — New Mexico

1 Tucumcari $56,400
2 Zuni Pueblo $79,200
3 El Cerro Mission $101,000
4 Shiprock $101,500
5 Chaparral $101,900
6 Truth or Consequences $107,500
7 Anthony $110,800
8 Deming $112,800
9 Grants $123,600
10 Portales $132,900
11 Gallup $134,600
12 Roswell $139,200
13 Las Vegas $143,900
14 Raton $148,200
15 Belen $154,600
16 Clovis $160,000
17 Silver City $160,900
18 Socorro $162,400
19 Lovington $162,900
20 Alamogordo $163,600
21 Aztec $164,700
22 Bloomfield $167,800
23 Hobbs $180,700
24 Carlsbad $187,900
25 Sunland Park $194,900
26 Española $205,100
27 South Valley $205,200
28 Artesia $213,800
29 Santa Teresa $216,600
30 Las Cruces $217,400
31 Farmington $225,400
32 Ruidoso $229,100
33 Los Lunas $232,700
34 North Hobbs $233,200
35 Bernalillo $237,100
36 Albuquerque $266,700
37 Rio Rancho $273,300
38 Edgewood $278,100
39 North Valley $290,500
40 Santa Fe $411,500
41 Taos $432,700
42 Los Ranchos de Albuquerque $442,100
43 Los Alamos $458,200
44 White Rock $460,100
45 Eldorado at Santa Fe $542,800
46 Corrales $549,700

The most affordable housing markets in New Mexico offer opportunities for homeownership at a fraction of the cost of major metros. Tucumcari has a median home value of just $56,400.

Affordable housing markets often feature lower costs of living overall, making them attractive to retirees, remote workers, and families building wealth through homeownership. Many of these cities offer solid community amenities despite their lower price points.

While low home values make homeownership accessible, they may also reflect limited job markets or slower economic growth. The rise of remote work has created new opportunities for these communities to attract residents who can earn higher salaries from distant employers.

Did You Know?

  • 1. In Tucumcari, the median home costs just $56,400 — less than a new luxury car.
  • 2. Affordable housing markets have seen increased interest since the rise of remote work, as buyers can earn higher salaries from anywhere.
  • 3. Many of the most affordable cities are in the South and Midwest, where land costs and construction expenses are lower.

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