Most Affordable Neighborhoods in Las Cruces - 2026 Data
The median home value in Las Cruces is $197,200, 30% below nat'l avg. Median rent is $714/month. With an affordability index of 136, Las Cruces is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Las Cruces, NM area.
Key Takeaways: Affordability in Las Cruces
- 1The most affordable neighborhood in Las Cruces is Clovis, with a median home value of $148,400.
- 2Las Cruces's median home value is $197,200, 30% below nat'l avg (national: $281,900).
- 3Las Cruces's affordability index is 136 (baseline 100), making it more affordable than the national average.
- 4Median rent in Las Cruces is $714/month, 39% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Las Cruces to find the most affordable areas based on home values, rent, and affordability index.
Las Cruces Affordability Overview
Median Home Value
$197,200
30% below nat'l avg
Median Rent
$714/mo
39% below nat'l avg
Median Income
$51,013
32% below nat'l avg
Affordability Index
136
36% above nat'l avg
Most Affordable Neighborhoods in Las Cruces (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | ClovisNM | $148,400 |
| 2 | EspañolaNM | $188,100 |
| 3 | BernalilloNM | $213,000 |
| 4 | Las VegasNM | $131,500 |
| 5 | GrantsNM | $137,100 |
| 6 | PortalesNM | $124,000 |
| 7 | Silver CityNM | $150,100 |
| 8 | DemingNM | $101,900 |
| 9 | HobbsNM | $165,000 |
| 10 | GallupNM | $143,500 |
| 11 | LovingtonNM | $151,000 |
| 12 | Los Lunas villageNM | $212,600 |
| 13 | Rio RanchoNM | $246,700 |
| 14 | Sunland ParkNM | $175,200 |
| 15 | AlamogordoNM | $148,500 |