ZIP Code · NM

ZIP 88007

Part of Las Cruces, NM

Pop. 26,254·Dona Ana County·17th most expensive ZIP in New Mexico

Median rent (all units)

$1,536/mo

Year-over-Year

Stable

Month-over-Month

+58.4%

vs US Median

-$396

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 88007 · $1,536

More affordable than 70% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$700

1 BR

$890

2 BR

$970

3 BR

$1,350

4 BR+

$1,480

Research median

$970/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: August 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($64,892) is $1,622 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,480).

From Zillow's monthly rent index (ZORI) for ZIP 88007. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$18,432/yr

At $1,536/mo median

Location

CityLas Cruces

StateNM

CountyDona Ana County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +58.4% MoM), not inventory.

Demographics

Who lives here

ZIP 88007 (Las Cruces, NM) is majority owner-occupied, has a large retiree population, has a median income below the national average, 30.4% of residents hold a bachelor's degree or higher.

Population

26,254

Median income

$64,892

Median age

40.8

Renters

18.5%

Age distribution

23.8%

20.5%

21.4%

12.8%

21.6%

Under 1823.8%

18–3420.5%

35–5421.4%

55–6412.8%

65+21.6%

Gender

47.9%

52.1%

Male47.9%

Female52.1%

Race & ethnicity

49.7%

61.8%

White49.7%

Black1.2%

Hispanic61.8%

Asian0.9%

Education (25+)

13.5%

28.8%

27.3%

30.4%

No HS diploma13.5%

HS diploma28.8%

Some college27.3%

Bachelor's+30.4%

Housing tenure

81.5%

18.5%

Owner81.5%

Renter18.5%

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

2021 vs 2026

How ZIP 88007 in Las Cruces, NM has changed in 5 years

Income

$59,878 → $64,892

up 8.4%

Population

24,233 → 26,254

up 8.3%

Renter share

19.9% → 18.5%

-1.4 pts

Bachelor's+

28.3% → 30.4%

+2.1 pts

Median age

41.4 → 40.8

-0.6 yrs

Median household income rose from $59,878 to $64,892 between 2021 and 2024, a 8.4% shift. The population has grown by 8.3% since 2021, moving from about 24,233 residents to roughly 26,254. College-educated residents now make up 30.4% of adults here, versus 28.3% in 2021.

Community

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Local insights

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About renting in ZIP 88007

Last updated: August 17, 2026

ZIP code 88007 covers Las Cruces, NM. The median rent here is $1,536/mo as of August 2026. A 1-bedroom rents for a median of $890/mo. A 2-bedroom rents for a median of $970/mo.

At 28% of local median household income ($64,892/yr), ZIP 88007 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 88007?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (about $29/hour full-time) to afford the median rent of $1,536/mo in ZIP 88007. The local median household income is $64,892/yr, so the typical household meets that bar.