Property Prices in Las Cruces, NM, United States

Index Info
Price to Income Ratio: 2.72
Mortgage as Percentage of Income: 22.78%
Loan Affordability Index: 4.39
Price to Rent Ratio - City Centre: 9.37
Price to Rent Ratio - Outside of Centre: 11.08
Gross Rental Yield (City Centre): 10.67%
Gross Rental Yield (Outside of Centre): 9.03%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre $967.17 900.00-1,000.00
1 Bedroom Apartment Outside of City Centre $789.83 737.00-877.00
3 Bedroom Apartment in City Centre $1,768.00 1,400.00-2,100.00
3 Bedroom Apartment Outside of City Centre $1,569.67 1,248.00-2,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre $185.00 182.00-188.03
Price per Square Feet to Buy Apartment Outside of Centre $185.67 184.00-188.03
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) $3,673.83
Annual Mortgage Interest Rate (20-Year Fixed, in %) 5.70 4.70-6.00

These data are based on 64 entries from 17 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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