Land and home values in Las Cruces, NM
Las Cruces is a city in Doña Ana County, New Mexico, home to about 114,197 people. Residential land runs about $4.78 per sq ft, the typical home is worth about $241,000, and a 2-bedroom rents for about $954 a month, as of October 12, 2026.
Open on the satellite mapAsk us on WhatsAppValues in Las Cruces
| Land: residential | $4.78 | per sq ft |
| Land: residential | $208,130 | per acre |
| Land: quarter-acre lot | $52,032 | 10,890 sq ft |
| Home: typical (median) | $241,000 | value |
| Home: entry-level | $139,000 | lower quartile |
| Home: upper-end | $241,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $869 | per month |
| Rent: 2-bedroom | $954 | per month |
| Rent: 3-bedroom | $1,320 | per month |
| Rent: 4-bedroom | $1,440 | per month |
| Gross yield, 2-bed | 4.8% | a year |
Questions people ask
How much is land worth in Las Cruces, NM?
Residential land in Las Cruces, NM is about $4.78 per square foot, or $208,130 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $52,032. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Las Cruces, NM?
The typical (median) home in Las Cruces, NM is worth about $241,000, with entry-level homes around $139,000 and upper-end homes around $241,000, as of October 2026.
How much is rent in Las Cruces, NM?
A 2-bedroom rents for about $954 a month in Las Cruces, NM, a 1-bedroom about $869 and a 3-bedroom about $1,320 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.