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Española, NM Home Values and Rents
The typical home value in Española is $342,873, 69th highest of 150 cities and towns in New Mexico. Median rent is $829 a month.
- Typical home value
- $342,873
- 69th of 150 in NM
- Median rent
- $829/mo
- ACS 2020-2024
- Price change, 1 year
- +6.0%
- Sep 2026
- Homeownership
- 65.2%
- NM: 70.0%
Typical home value in Española
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Española |
|---|---|
| Sep 2026 | $342,873 |
| Dec 2025 | $326,077 |
| Dec 2024 | $307,909 |
| Dec 2023 | $285,875 |
| Dec 2022 | $271,196 |
| Dec 2021 | $255,582 |
| Dec 2020 | $231,515 |
| Dec 2019 | $201,802 |
| Dec 2018 | $192,009 |
| Dec 2017 | $176,493 |
| Dec 2016 | $174,520 |
| Dec 2015 | $166,064 |
| Dec 2014 | $165,061 |
| Dec 2013 | $160,384 |
| Dec 2012 | $165,071 |
Over five years, Española prices changed +36.2%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Rio Arriba County, NM
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $822 | +11.5% |
| 1 bedroom | $833 | +12.3% |
| 2 bedrooms | $1,014 | +4.2% |
| 3 bedrooms | $1,387 | +15.7% |
| 4 bedrooms | $1,597 | +11.1% |
Frequently asked questions
- What is the typical home value in Española, NM?
- The typical home value in Española is $342,873 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Española?
- The median rent in Española is $829 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
- Are home prices going up in Española?
- The typical home value in Española changed +6.0% over one year and +36.2% over five years, as of Sep 2026.
- How does Española compare with the rest of New Mexico?
- Española has the 69th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.