Median home value: $314K (-0.5% YoY). Rent: $1,668/mo. Price-to-rent: 15.7x. Part of Las Cruces, NM.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Las Cruces, NM metro page.
Home Value$313,679
-0.5%
Rent$1,668/mo
AFFORDABILITYRenting $179/mo cheaper ($1,668 rent)6.00% 30yr, 20% down, county tax + NM ins. 28% per HUD.
Enter your income for Santa Teresa.
$62,736 on $313,679
Stretch — 29.6% of income
Above 28% but manageable with cuts.
PITI$1,847
P/I29.6%
Afford$297K
Gap-$16K
P&I $1,505Tax $209Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing