Property Prices in Farmington, NM, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 1.42 |
| Mortgage as Percentage of Income: | 13.12% |
| Loan Affordability Index: | 7.62 |
| Price to Rent Ratio - City Centre: | 4.87 |
| Price to Rent Ratio - Outside of Centre: | 5.57 |
| Gross Rental Yield (City Centre): | 20.52% |
| Gross Rental Yield (Outside of Centre): | 17.96% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 2,000.00 $ | |
| 1 Bedroom Apartment Outside of City Centre | 1,700.00 $ | |
| 3 Bedroom Apartment in City Centre | 3,150.00 $ | |
| 3 Bedroom Apartment Outside of City Centre | 3,100.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 186.48 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 192.96 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 7,166.67 $ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.86 |
These data are based on 15 entries from 3 contributors over the past 18 months.
Last update: 23 November 2025
Sources and References
Nearby Cities:| Property Prices in Pagosa Springs, Colorado | 107.89 miles |
| Property Prices in Moab, Utah | 184.14 miles |
| Property Prices in Taos, New Mexico | 203.25 miles |
| Property Prices in Edgewood, New Mexico | 208.82 miles |
| Property Prices in Belen, New Mexico | 215.61 miles |
| Property Prices in Grand Junction, Colorado | 226.54 miles |
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