City Report · NM

Las Cruces

Pop. 114,197·11th most expensive in New Mexico·Las Cruces rents are up 12.9% over the past year
Median rent (all units)
$1,435/mo
Year-over-Year
+12.9%
Month-over-Month
+0.8%
vs US Median
-$527
Rising (Monthly)
Be the first to discuss Las Cruces rents
Most AffordableMost Expensive
Las Cruces · $1,435
More affordable than 79% of US cities · National median $1,962/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Las Cruces's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,435/mo
Expected by trend
$1,469/mo
The Rent Reality Score compares today's median rent to where Las Cruces's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$800
1 BR
$1,016
2 BR
$1,124
3 BR
$1,562
4 BR+
$1,732
Fair Market Rent (HUD)
$1,124/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,435 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost
$17,220/yr
At $1,435/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.9% YoY, +0.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Las Cruces, NM is majority owner-occupied, has a median income below the national average, 36.7% of residents hold a bachelor's degree or higher.

Population
114,197
Median income
$55,422
Median age
33
Renters
44.1%
Age distribution
22.4%
30%
21.5%
16.3%
Under 1822.4%
18–3430%
35–5421.5%
55–649.7%
65+16.3%
Gender
49.3%
50.7%
Male49.3%
Female50.7%
Race & ethnicity
47.1%
60.3%
White47.1%
Black2.5%
Hispanic60.3%
Asian1.8%
Education (25+)
21.2%
30.8%
36.7%
No HS diploma11.3%
HS diploma21.2%
Some college30.8%
Bachelor's+36.7%
Housing tenure
55.9%
44.1%
Owner55.9%
Renter44.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Las Cruces, NM has changed in 5 years

Rent
$1,008 → $1,435
up 42.4%
Income
$47,722 → $55,422
up 16.1%
Population
109,934 → 114,197
up 3.9%
Renter share
43.8% → 44.1%
+0.3 pts
Bachelor's+
36.4% → 36.7%
+0.3 pts

Compared with 2021, rent in Las Cruces, NM has increased by $427 per month, settling near $1,435 after starting the period at $1,008. Census figures show median household income at $55,422 today, compared with $47,722 five years earlier. Rent outpaced income growth by roughly 26.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 109,934 to 114,197 between 2021 and 2024, a 3.9% change. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Las Cruces

No discussions yet. Start the conversation.

View Las Cruces rent history (2015–2026) →
Salary vs rent

Can you afford rent in Las Cruces on your salary?

At $1,435/mo, how Las Cruces rent compares to typical pay (30% rule).

By apartment size

Las Cruces rent by bedroom count

Median rent for each apartment size in Las Cruces. Click any size for full breakdown.

Local insights

Tips for renters in Las Cruces

About renting in Las Cruces, NM

Last updated: August 17, 2026

The median rent in Las Cruces is $1,435/mo as of August 2026. A studio apartment averages $800/mo while a 2-bedroom runs $1,124/mo. One-bedroom apartments average $1,016/mo and 3-bedroom units go for $1,562/mo.

At 31% of local median household income ($55,422/yr), Las Cruces ranks as moderate compared to the national benchmark of 30%. Rents have increased 12.9% over the past year.

FAQ

Frequently asked questions

Is Las Cruces an affordable city for renters?

Las Cruces is considered moderate for renters. At $1,435/mo, rent takes approximately 31% of the local median household income ($55,422/yr). The standard benchmark is 30%. Las Cruces slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Las Cruces?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,435/mo in Las Cruces. The local median household income is $55,422/yr, meaning the typical Las Cruces household falls short of that threshold.

Is rent going up or down in Las Cruces?

Rent in Las Cruces has increased 12.9% over the past year as of August 2026, putting upward pressure on renter budgets.

Which Las Cruces neighborhoods have the lowest rent?

The most affordable ZIP codes in Las Cruces are 88001 ($963/mo), 88005 ($1,169/mo), and 88011 ($1,465/mo). Citywide, the median rent in Las Cruces is $1,435/mo.

How does Las Cruces rent compare to other cities in New Mexico?

Las Cruces is one of the more affordable cities in New Mexico for rent, ranking #11 out of 15 tracked cities at $1,435/mo.

What percentage of Las Cruces residents rent vs. own?

According to Census data, approximately 44.1% of Las Cruces households are renters, while 55.9% are owner-occupied. Las Cruces leans toward homeownership, which can mean a smaller rental inventory.

How does Las Cruces rent compare to the national average?

Las Cruces's median rent of $1,435/mo is $527 (27%) below the US national median of $1,962/mo. Within New Mexico, it ranks #11 out of 15 tracked cities.
Income Affordability
31%
MODERATE

At $1,435/mo, rent takes ~31% of Las Cruces's median household income ($55,422/yr). The standard benchmark is 30%.

Las Cruces 31%Benchmark 30%
State income tax1.7–5.9%
Run the Las Cruces affordability calculator →
Lowest-rent ZIP codes in Las Cruces
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Las Cruces, NM

Recent submissions

Be the first to submit your rent for Las Cruces.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google