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.

Home Value$284,656

-0.8%

Rent$1,358/mo

Prices falling — better for buyers.

Affordability

Enter your income for Las Cruces.

Income (annual)

Down Payment

$56,931 on $284,656

Example: $75,000 household income. Change it above to see your own.

Stretch28.2% of income

Above 28% but manageable with cuts.

PITI$1,762

P/I28.2%

Afford$283K

Gap-$2K

P&I $1,439Tax $190Ins $133

Renting $404/mo cheaper ($1,358 rent)6.50% 30yr, 20% down, county tax + NM ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Mexico

Compare Las Cruces with other housing markets across New Mexico.

Lamy$810K Los Ranchos de Albuquerque$685K Corrales$684K Placitas$635K Arroyo Seco$620K Alto$569K Santa Fe$569K Los Alamos$568K

Full Las Cruces, NM analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Las Cruces, NM metro.

View Las Cruces, NM metro

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.