Example household · $83,730 · same pay · 1 adult

Las Cruces

Housing in Las Cruces, NM: Rent, Home Prices & Property Tax

$2,587 left/mo

$862/mo (1 bd) in Las Cruces. Median home $205,400. Property tax 0.68%.

Rent (1-bedroom)
$862
/mo
Buy
$1,425
Mortgage, tax, insurance
Buying costs more
$563
/mo

To buy

  • 20% down payment$41,080
  • Mortgage at 7.24%$1,120
  • Property tax (0.68% of value)$116/mo · $1,397/yr
  • Insurance and upkeep$188
  • Monthly total$1,425

Months to 20% down

$2,587 left each month. About 16 months (1.3 years) to save $41,080.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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