Las Cruces, NM
Las Cruces, NM real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.
Appreciation
: 3.0%/yr.
Rent growth
: 2.8%/yr.
Median cap rate
: 4.1%.
Median IRR
: 4.2%.
Median rental home value
: $278,100.
Median rental rate
: $934/mo.
Median property tax
: $1,480/yr.
Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.
Browse analyzed properties in Las Cruces, NM →
Top listings right now
- 196 Aspen Dr, Sunland Park, NM 88063
- 6199 Cloud Dance Dr, Las Cruces, NM 88012
- 145 Sundance Ct, Santa Teresa, NM 88008
- 4821 Calle Bella Ave, Las Cruces, NM 88012
- 124 Loma Vista Dr, Sunland Park, NM 88063
- 6127 Blue Mountain Dr, Las Cruces, NM 88012
- 1230 Lea Ranch Dr, Las Cruces, NM 88012
- 107 Sundance Ct, Santa Teresa, NM 88008
- 1130 Poplar Ave, Las Cruces, NM 88001
- 5492 Amarillo Del Sol, Las Cruces, NM 88007
- 5775 Shadow Hills Rd, Las Cruces, NM 88012
- 4601 Panther Peak Dr, Las Cruces, NM 88012
- 812 Magnolia Park St, Santa Teresa, NM 88008
- 130 S Apache Gold Loop, Santa Teresa, NM 88008
- 801 Bonnie Ct, Santa Teresa, NM 88008
- 5874 Megan St, Santa Teresa, NM 88008
- 4721 Rio Vista Dr, Las Cruces, NM 88007
- 136 Tuscan Ridge Cir, Santa Teresa, NM 88008
- 833 Via Glorieta, Sunland Park, NM 88063
- 2280 Thomas Dr, Las Cruces, NM 88001
ZIP codes in Las Cruces, NM
Rental market data for every ZIP code in this metro area.