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Grants, NM Home Values and Rents

The typical home value in Grants is $160,355, 106th highest of 150 cities and towns in New Mexico. Median rent is $783 a month.

Typical home value
$160,355
106th of 150 in NM
Median rent
$783/mo
ACS 2020-2024
Price change, 1 year
+8.2%
Sep 2026
Homeownership
59.6%
NM: 70.0%

Typical home value in Grants

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodGrants
Sep 2026$160,355
Dec 2025$145,356
Dec 2024$145,236
Dec 2023$139,951
Dec 2022$135,420
Dec 2021$130,548
Dec 2020$112,482
Dec 2019$101,625
Dec 2018$99,574
Dec 2017$90,186
Dec 2016$90,855

Over five years, Grants prices changed +28.8%.

Source: Zillow Research · Last updated 09/01/2026

Housing at a glance

American Community Survey 2020-2024 5-year estimates, compared with New Mexico

Median home value
$136,500 · NM $248,100
Median gross rent
$783/mo · NM $1,067
Home value to income
2.9 times the median household income ($47,183)
Rent to income
A year of median rent equals 20% of median household income
Owner-occupied
59.6% of 2,919 households
Housing units
3,456
Vacancy rate
15.5%
Median year built
1974

Fair Market Rents, FY2027

HUD rent standard for Cibola County, NM

NM rents
Unit sizeMonthly rent
Studio$813
1 bedroom$852
2 bedrooms$1,022
3 bedrooms$1,218
4 bedrooms$1,343

Frequently asked questions

What is the typical home value in Grants, NM?
The typical home value in Grants is $160,355 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Grants?
The median rent in Grants is $783 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,022.
Are home prices going up in Grants?
The typical home value in Grants changed +8.2% over one year and +28.8% over five years, as of Sep 2026.
How does Grants compare with the rest of New Mexico?
Grants has the 106th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.