Las Cruces, NM Rental Market Trends
What is the average rent in Las Cruces?
The average rent for an apartment in Las Cruces is $825. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Las Cruces, NM
|Average Rent||Average Apartment Size|
|$825||909 sq. ft.|
What is the average apartment size in Las Cruces?
The average size for a Las Cruces, NM apartment is 909 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Las Cruces, NM Apartment Rent Ranges
Las Cruces, NM Occupied Housing Units
18,521 or 45% of the households in Las Cruces, NM are renter-occupied while 22,946 or 55% are owner-occupied.
Average Rent in Las Cruces, NM By Neighborhood
|Las Cruces City||$1,078|
What are the most affordable neighborhoods in Las Cruces?
The most affordable neighborhoods in Las Cruces are Fairacres, where the average rent goes for $706/month, Mesilla, where renters pay $706/mo on average, and Las Cruces City, where the average rent goes for $1,078/mo.
Las Cruces | Rent Comparison by Neighborhood
Rent in Fairacres is 35% lower than in Las Cruces City
Fairacres rent is 14% lower than Las Cruces average
Las Cruces City rent is 31% higher than Las Cruces average