Meadow Lake, NM Real Estate

According to census data in the year 2000 there were 1,540 housing units in Meadow Lake. This represents a 158.4% growth from 596 in 1990.

Of those housing units, 1,176 were located in either urbanized areas or urban clusters, and 364 were located in what is classified as a rural area.

Homeownership rate in Meadow Lake is about 86.2%. Meadow Lake's vacancy rate, including seasonal lodging, is about 13.4%. Average household size is 3.35 people.

The majority of houses, apartments or condos in Meadow Lake were built after 1987.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom11.60%
Two Bedrooms27.40%
Three Bedrooms52.20%
Four Bedrooms5.20%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.31
Median year structure was built1987
Median Value of occupied units$86,400
Median Price asked for vacant units$68,300

Rented Homes, Apartments and Condos

Average Household Size3.57
Median year structure was built1988
Median Monthly Rent asked for vacant units$412

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage65.30%
Debt Free34.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%