Las Cruces, NM Real Estate
According to census data in the year 2000 there were 31,652 housing units in Las Cruces.
This represents a 23.3% growth from 25,676 in 1990.
Of those housing units, 31,507 were located in either urbanized areas or urban clusters, and 145 were located in what is classified as a rural area.
Homeownership rate in Las Cruces is about 58.5%.
Las Cruces's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Las Cruces were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.20% |
| One Bedroom | 14.80% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 9.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $91,200 |
| Median Price asked for vacant units | $98,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $419 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 55.70% |
| Debt Free | 33.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
