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Gallup, NM Home Values and Rents
The typical home value in Gallup is $216,668, 92nd highest of 150 cities and towns in New Mexico. Median rent is $927 a month.
- Typical home value
- $216,668
- 92nd of 150 in NM
- Median rent
- $927/mo
- ACS 2020-2024
- Price change, 1 year
- -2.1%
- Sep 2026
- Homeownership
- 52.1%
- NM: 70.0%
Typical home value in Gallup
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Gallup |
|---|---|
| Sep 2026 | $216,668 |
| Dec 2025 | $218,512 |
| Dec 2024 | $215,100 |
| Dec 2023 | $208,774 |
| Dec 2022 | $206,035 |
| Dec 2021 | $206,192 |
| Dec 2020 | $193,588 |
| Dec 2019 | $175,765 |
| Dec 2018 | $166,791 |
| Dec 2017 | $152,855 |
| Dec 2016 | $150,968 |
| Dec 2015 | $162,976 |
| Dec 2014 | $158,567 |
| Dec 2013 | $155,785 |
| Dec 2012 | $156,157 |
Over five years, Gallup prices changed +6.0%.
Source: Zillow Research · Last updated 09/01/2026
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 87301 | $168,500 | $930 | +5.0% | +37.0% |
Frequently asked questions
- What is the typical home value in Gallup, NM?
- The typical home value in Gallup is $216,668 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Gallup?
- The median rent in Gallup is $927 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,140.
- Are home prices going up in Gallup?
- The typical home value in Gallup changed -2.1% over one year and +6.0% over five years, as of Sep 2026.
- How does Gallup compare with the rest of New Mexico?
- Gallup has the 92nd highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
- Which ZIP code in Gallup has the highest home values?
- ZIP code 87301 has the highest median home value at $168,500.