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La Mesilla, NM Home Values and Rents
The median home value in La Mesilla is $315,800, 27th highest of 150 cities and towns in New Mexico. Median rent is $1,012 a month.
- Median home value
- $315,800
- 27th of 150 in NM
- Median rent
- $1,012/mo
- ACS 2020-2024
- Price change, 1 year
- +2.6%
- County index, 2025
- Homeownership
- 87.4%
- NM: 70.0%
Rio Arriba County home price trend
FHFA annual House Price Index for Rio Arriba County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Rio Arriba County |
|---|---|
| 2025 | 216 |
| 2024 | 211 |
| 2023 | 197 |
| 2022 | 179 |
| 2021 | 159 |
| 2020 | 138 |
| 2019 | 133 |
| 2018 | 129 |
| 2017 | 121 |
| 2016 | 116 |
| 2015 | 114 |
| 2014 | 115 |
| 2013 | 121 |
| 2012 | 116 |
| 2011 | 123 |
Beta
Over five years, Rio Arriba County prices changed +56.7%, compared with +33.9% for New Mexico.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
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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 median home value in La Mesilla, NM?
- The median home value in La Mesilla is $315,800, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in La Mesilla?
- The median rent in La Mesilla is $1,012 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 La Mesilla?
- Home prices in Rio Arriba County changed +2.6% over one year and +56.7% over five years, as of 2025.
- How does La Mesilla compare with the rest of New Mexico?
- La Mesilla has the 27th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.