25 Small Towns in New Mexico With the Cheapest Homes

Ranked by median home value among 216 towns of 500–10,000 people in New Mexico. #1 is Peak Place, NM (median home $13,800).

1. 25Lordsburg, New Mexico

   Median home $86,200

   Lordsburg is a city of 2,335 people in Hidalgo County, New Mexico. The median home is worth $86,200 and the median household earns $36,607, so homes cost 2.4× income (typical New Mexico town: 3.2×). Median rent is $826.

   2,335 people · Hidalgo County · median home $86,200 · income $36,607 · Jan low 24°F

   Full Lordsburg, New Mexico profile: weather, storms, schools, jobs →

2. 24Carrizozo, New Mexico

   Median home $84,700

   Carrizozo is a town of 972 people in Lincoln County, New Mexico. The median home is worth $84,700 and the median household earns $27,344, so homes cost 3.1× income (typical New Mexico town: 3.2×). Median rent is $611.

   972 people · Lincoln County · median home $84,700 · income $27,344 · Jan low 23°F · 7 in snow

   Full Carrizozo, New Mexico profile: weather, storms, schools, jobs →

3. 23Skyline-Ganipa, New Mexico

   Median home $83,900

   Skyline-Ganipa is a community of 1,614 people in Cibola County, New Mexico. The median home is worth $83,900 and the median household earns $56,992, so homes cost 1.5× income (typical New Mexico town: 3.2×). Median rent is $788.

   1,614 people · Cibola County · median home $83,900 · income $56,992 · Jan low 18°F · 15 in snow

   Full Skyline-Ganipa, New Mexico profile: weather, storms, schools, jobs →

4. 22Tortugas, New Mexico

   Median home $83,200

   Tortugas is a community of 579 people in Doña Ana County, New Mexico. The median home is worth $83,200 and the median household earns $31,554, so homes cost 2.6× income (typical New Mexico town: 3.2×). Median rent is —.

   579 people · Doña Ana County · median home $83,200 · income $31,554 · Jan low 30°F · 1 in snow

   Full Tortugas, New Mexico profile: weather, storms, schools, jobs →

5. 21Zuni Pueblo, New Mexico

   Median home $81,700

   

   Zuni Pueblo is a community of 6,176 people in McKinley County, New Mexico. The median home is worth $81,700 and the median household earns $45,724, so homes cost 1.8× income (typical New Mexico town: 3.2×). Median rent is $588.

   6,176 people · McKinley County · median home $81,700 · income $45,724 · Jan low 17°F · 10 in snow

   Full Zuni Pueblo, New Mexico profile: weather, storms, schools, jobs →

6. 20Melrose, New Mexico

   Median home $78,500

   Melrose is a village of 622 people in Curry County, New Mexico. The median home is worth $78,500 and the median household earns $32,750, so homes cost 2.4× income (typical New Mexico town: 3.2×). Median rent is $833.

   622 people · Curry County · median home $78,500 · income $32,750 · Jan low 25°F · 11 in snow

   Full Melrose, New Mexico profile: weather, storms, schools, jobs →

7. 19Meadow Lake, New Mexico

   Median home $77,900

   Meadow Lake is a community of 4,573 people in Valencia County, New Mexico. The median home is worth $77,900 and the median household earns $43,649, so homes cost 1.8× income (typical New Mexico town: 3.2×). Median rent is $908.

   4,573 people · Valencia County · median home $77,900 · income $43,649 · Jan low 19°F · 11 in snow

   Full Meadow Lake, New Mexico profile: weather, storms, schools, jobs →

8. 18Milan, New Mexico

   Median home $75,500

   Milan is a village of 2,456 people in Cibola County, New Mexico. The median home is worth $75,500 and the median household earns $36,133, so homes cost 2.1× income (typical New Mexico town: 3.2×). Median rent is $851.

   2,456 people · Cibola County · median home $75,500 · income $36,133 · Jan low 15°F · 8 in snow

   Full Milan, New Mexico profile: weather, storms, schools, jobs →

9. 17Nenahnezad, New Mexico

   Median home $68,400

   Nenahnezad is a community of 576 people in San Juan County, New Mexico. The median home is worth $68,400 and the median household earns $37,361, so homes cost 1.8× income (typical New Mexico town: 3.2×). Median rent is —.

   576 people · San Juan County · median home $68,400 · income $37,361 · Jan low 16°F · 8 in snow

   Full Nenahnezad, New Mexico profile: weather, storms, schools, jobs →

10. 16La Luz, New Mexico

    Median home $68,100

    La Luz is a community of 1,578 people in Otero County, New Mexico. The median home is worth $68,100 and the median household earns $46,655, so homes cost 1.5× income (typical New Mexico town: 3.2×). Median rent is $765.

    1,578 people · Otero County · median home $68,100 · income $46,655 · Jan low 33°F · 2 in snow

    Full La Luz, New Mexico profile: weather, storms, schools, jobs →

11. 15Tucumcari, New Mexico

    Median home $64,100

    Tucumcari is a city of 5,278 people in Quay County, New Mexico. The median home is worth $64,100 and the median household earns $31,844, so homes cost 2.0× income (typical New Mexico town: 3.2×). Median rent is $704.

    5,278 people · Quay County · median home $64,100 · income $31,844 · Jan low 25°F · 15 in snow

    Full Tucumcari, New Mexico profile: weather, storms, schools, jobs →

12. 14Salem, New Mexico

    Median home $61,500

    Salem is a community of 797 people in Doña Ana County, New Mexico. The median home is worth $61,500 and the median household earns $31,386, so homes cost 2.0× income (typical New Mexico town: 3.2×). Median rent is —.

    797 people · Doña Ana County · median home $61,500 · income $31,386 · Jan low 29°F · 0 in snow

    Full Salem, New Mexico profile: weather, storms, schools, jobs →

13. 13Crownpoint, New Mexico

    Median home $61,100

    Crownpoint is a community of 2,900 people in McKinley County, New Mexico. The median home is worth $61,100 and the median household earns $51,011, so homes cost 1.2× income (typical New Mexico town: 3.2×). Median rent is $593.

    2,900 people · McKinley County · median home $61,100 · income $51,011 · Jan low 13°F · 11 in snow

    Full Crownpoint, New Mexico profile: weather, storms, schools, jobs →

14. 12Tohatchi, New Mexico

    Median home $56,700

    Tohatchi is a community of 785 people in McKinley County, New Mexico. The median home is worth $56,700 and the median household earns $48,125, so homes cost 1.2× income (typical New Mexico town: 3.2×). Median rent is $585.

    785 people · McKinley County · median home $56,700 · income $48,125 · Jan low 14°F · 27 in snow

    Full Tohatchi, New Mexico profile: weather, storms, schools, jobs →

15. 11Twin Lakes, New Mexico

    Median home $56,500

    Twin Lakes is a community of 1,004 people in McKinley County, New Mexico. The median home is worth $56,500 and the median household earns $25,938, so homes cost 2.2× income (typical New Mexico town: 3.2×). Median rent is $485.

    1,004 people · McKinley County · median home $56,500 · income $25,938 · Jan low 16°F · 27 in snow

    Full Twin Lakes, New Mexico profile: weather, storms, schools, jobs →

16. 10Monterey Park, New Mexico

    Median home $56,300

    Monterey Park is a community of 1,272 people in Valencia County, New Mexico. The median home is worth $56,300 and the median household earns $28,162, so homes cost 2.0× income (typical New Mexico town: 3.2×). Median rent is —.

    1,272 people · Valencia County · median home $56,300 · income $28,162 · Jan low 19°F · 5 in snow

    Full Monterey Park, New Mexico profile: weather, storms, schools, jobs →

17. 9Dulce, New Mexico

    Median home $53,300

    

    Dulce is a community of 2,788 people in Rio Arriba County, New Mexico. The median home is worth $53,300 and the median household earns $39,773, so homes cost 1.3× income (typical New Mexico town: 3.2×). Median rent is $550.

    2,788 people · Rio Arriba County · median home $53,300 · income $39,773 · Jan low 10°F · 56 in snow

    Full Dulce, New Mexico profile: weather, storms, schools, jobs →

18. 8Sundance, New Mexico

    Median home $52,800

    Sundance is a community of 760 people in McKinley County, New Mexico. The median home is worth $52,800 and the median household earns $32,000, so homes cost 1.6× income (typical New Mexico town: 3.2×). Median rent is —.

    760 people · McKinley County · median home $52,800 · income $32,000 · Jan low 16°F · 21 in snow

    Full Sundance, New Mexico profile: weather, storms, schools, jobs →

19. 7Madrone, New Mexico

    Median home $49,800

    Madrone is a community of 621 people in Valencia County, New Mexico. The median home is worth $49,800 and the median household earns $18,704, so homes cost 2.7× income (typical New Mexico town: 3.2×). Median rent is $1,153.

    621 people · Valencia County · median home $49,800 · income $18,704 · Jan low 19°F · 9 in snow

    Full Madrone, New Mexico profile: weather, storms, schools, jobs →

20. 6Iyanbito, New Mexico

    Median home $49,300

    Iyanbito is a community of 1,193 people in McKinley County, New Mexico. The median home is worth $49,300 and the median household earns $52,500, so homes cost 0.9× income (typical New Mexico town: 3.2×). Median rent is $642.

    1,193 people · McKinley County · median home $49,300 · income $52,500 · Jan low 16°F · 31 in snow

    Full Iyanbito, New Mexico profile: weather, storms, schools, jobs →

21. 5Mescalero, New Mexico

    Median home $43,300

    Mescalero is a community of 1,480 people in Otero County, New Mexico. The median home is worth $43,300 and the median household earns $24,313, so homes cost 1.8× income (typical New Mexico town: 3.2×). Median rent is $260.

    1,480 people · Otero County · median home $43,300 · income $24,313 · Jan low 26°F · 32 in snow

    Full Mescalero, New Mexico profile: weather, storms, schools, jobs →

22. 4Church Rock, New Mexico

    Median home $39,100

    Church Rock is a community of 1,542 people in McKinley County, New Mexico. The median home is worth $39,100 and the median household earns $35,083, so homes cost 1.1× income (typical New Mexico town: 3.2×). Median rent is $780.

    1,542 people · McKinley County · median home $39,100 · income $35,083 · Jan low 16°F · 21 in snow

    Full Church Rock, New Mexico profile: weather, storms, schools, jobs →

23. 3Yah-ta-hey, New Mexico

    Median home $28,200

    Yah-ta-hey is a community of 757 people in McKinley County, New Mexico. The median home is worth $28,200 and the median household earns $44,068, so homes cost 0.6× income (typical New Mexico town: 3.2×). Median rent is —.

    757 people · McKinley County · median home $28,200 · income $44,068 · Jan low 14°F · 34 in snow

    Full Yah-ta-hey, New Mexico profile: weather, storms, schools, jobs →

24. 2Rock Springs, New Mexico

    Median home $18,000

    Rock Springs is a community of 807 people in McKinley County, New Mexico. The median home is worth $18,000 and the median household earns $97,155, so homes cost 0.2× income (typical New Mexico town: 3.2×). Median rent is —.

    807 people · McKinley County · median home $18,000 · income $97,155 · Jan low 14°F · 34 in snow

    Full Rock Springs, New Mexico profile: weather, storms, schools, jobs →

25. 1Peak Place, New Mexico

    Median home $13,800

    Peak Place is a community of 578 people in Santa Fe County, New Mexico. The median home is worth $13,800 and the median household earns $40,938, so homes cost 0.3× income (typical New Mexico town: 3.2×). Median rent is $483.

    578 people · Santa Fe County · median home $13,800 · income $40,938 · Jan low 18°F · 24 in snow

    Full Peak Place, New Mexico profile: weather, storms, schools, jobs →

More New Mexico rankings

• The 25 Best Small Towns to Retire in New Mexico
• The 25 Quietest Small Towns in New Mexico
• The 25 Most Affordable Small Towns in New Mexico
• The 25 Best Small Towns for Families in New Mexico
• The 25 Best Quiet, Affordable Small Towns to Retire in New Mexico
• 25 Small Towns in New Mexico With the Mildest Winters
• The 25 Most Walkable Small Towns in New Mexico
• The 25 Best Small Towns for First-Time Home Buyers in New Mexico
• The 15 Best Affordable Small Towns to Retire in New Mexico With Mild Winters
• The 10 Best Affordable Small Towns for Remote Workers in New Mexico

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