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Lake Arthur, NM Home Values and Rents

The median home value in Lake Arthur is $116,100.

Median home value
$116,100
ACS 2020-2024
Price change, 1 year
+3.5%
County index, 2025
Homeownership
67.6%
NM: 70.0%

Chaves County home price trend

FHFA annual House Price Index for Chaves County, 2000 = 100, compared with New Mexico

Chaves CountyNew Mexico
Show as a table
PeriodChaves County
2025257
2024249
2023233
2022228
2021205
2020190
2019174
2018168
2017164
2016162
2015158
2014154
2013153
2012149
2011154

Over five years, Chaves County prices changed +35.5%, compared with +33.9% for New Mexico.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

Fair Market Rents, FY2027

HUD rent standard for Chaves County, NM

NM rents
Unit sizeMonthly rentvs FY2026
Studio$868+17.6%
1 bedroom$892+0.6%
2 bedrooms$1,091+1.9%
3 bedrooms$1,476+3.9%
4 bedrooms$1,624+4.0%

Frequently asked questions

What is the median home value in Lake Arthur, NM?
The median home value in Lake Arthur is $116,100, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
Are home prices going up in Lake Arthur?
Home prices in Chaves County changed +3.5% over one year and +35.5% over five years, as of 2025.