Grants, NM Real Estate

According to census data in the year 2000 there were 3,567 housing units in Grants. This represents a 1% growth from 3,532 in 1990.

Of those housing units, 3,279 were located in either urbanized areas or urban clusters, and 288 were located in what is classified as a rural area.

Homeownership rate in Grants is about 67.6%. Grants's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Grants were built after 1970.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.50%
Two Bedrooms28.80%
Three Bedrooms43.80%
Four Bedrooms10.30%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1968
Median Value of occupied units$64,700
Median Price asked for vacant units$86,000

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1972
Median Monthly Rent asked for vacant units$310

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan3.90%
Simple Mortgage47.40%
Debt Free40.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%