The median home in Las Cruces, New Mexico is valued at $284,656, down 0.8% year over year. Typical monthly rent is $1,358, producing a price-to-rent ratio of 17.5x — near the national average of 18x. Las Cruces is part of the Las Cruces, NM metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$284,656
-0.8%
Rent$1,358/mo
AFFORDABILITYRenting $404/mo cheaper ($1,358 rent)6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.
Enter your income for Las Cruces.
$56,931 on $284,656
Stretch — 28.2% of income
Above 28% but manageable with cuts.
PITI$1,762
P/I28.2%
Afford$283K
Gap-$2K
P&I $1,439Tax $190Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Las Cruces, NM analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Las Cruces, NM metro.
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