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La Cueva CDP, NM

ZIP 87535 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87535

Median Home Value
$428,100
Median Rent
$1,033
Affordability Snapshot
$118,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,750/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

8.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

34.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 87535 in La Cueva CDP, NM, a household would need roughly $118,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,750. That is about 142% above the local median household income ($48,857), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
79.0%+21% vs US avg
x
Vacancy Rate
15.2%+48% vs US avg
x
Broadband Access
82.1%-6% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
0.0%
x
Built Post-2014
2.6%-62% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
50.6%+32% vs US avg
x
$428,100
Home Value
$1,033
Rent
1991
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached81.3%
  • 1-unit attached1.9%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other16.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$428,100
Median rent$1,033
Owner-occupied79.0%
Vacant15.2%
Price-to-income8.8x
Est. income to buy$118,000