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Lee Acres, NM Home Values and Rents

The median home value in Lee Acres is $187,400, 78th highest of 150 cities and towns in New Mexico. Median rent is $1,077 a month.

Median home value
$187,400
78th of 150 in NM
Median rent
$1,077/mo
ACS 2020-2024
Price change, 1 year
+6.2%
County index, 2025
Homeownership
74.4%
NM: 70.0%

San Juan County home price trend

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

San Juan CountyNew Mexico
Show as a table
PeriodSan Juan County
2025239
2024225
2023209
2022193
2021171
2020159
2019151
2018150
2017151
2016154
2015152
2014151
2013152
2012149
2011151

Over five years, San Juan County prices changed +50.9%, 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 Farmington, NM MSA

NM rents
Unit sizeMonthly rentvs FY2026
Studio$850-3.6%
1 bedroom$855-3.4%
2 bedrooms$1,116+2.9%
3 bedrooms$1,545+2.4%
4 bedrooms$1,673+2.6%

Frequently asked questions

What is the median home value in Lee Acres, NM?
The median home value in Lee Acres is $187,400, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
How much is rent in Lee Acres?
The median rent in Lee Acres is $1,077 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,116.
Are home prices going up in Lee Acres?
Home prices in San Juan County changed +6.2% over one year and +50.9% over five years, as of 2025.
How does Lee Acres compare with the rest of New Mexico?
Lee Acres has the 78th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.