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Melrose, NM Home Values and Rents
The median home value in Melrose is $78,500. Median rent is $833 a month.
- Median home value
- $78,500
- ACS 2020-2024
- Median rent
- $833/mo
- ACS 2020-2024
- Price change, 1 year
- +2.7%
- County index, 2025
- Homeownership
- 74.9%
- NM: 70.0%
Curry County home price trend
FHFA annual House Price Index for Curry County, 2000 = 100, compared with New Mexico
Show as a table
| Period | Curry County |
|---|---|
| 2025 | 244 |
| 2024 | 238 |
| 2023 | 234 |
| 2022 | 214 |
| 2021 | 195 |
| 2020 | 182 |
| 2019 | 174 |
| 2018 | 174 |
| 2017 | 177 |
| 2016 | 170 |
| 2015 | 175 |
| 2014 | 177 |
| 2013 | 174 |
| 2012 | 172 |
| 2011 | 172 |
Beta
Over five years, Curry County prices changed +34.4%, 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 Curry County, NM
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $802 | +5.9% |
| 1 bedroom | $891 | -0.1% |
| 2 bedrooms | $1,151 | +4.8% |
| 3 bedrooms | $1,522 | +6.8% |
| 4 bedrooms | $1,889 | +2.6% |
Frequently asked questions
- What is the median home value in Melrose, NM?
- The median home value in Melrose is $78,500, based on the American Community Survey 2020-2024 5-year estimates. The New Mexico median is $248,100.
- How much is rent in Melrose?
- The median rent in Melrose is $833 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,151.
- Are home prices going up in Melrose?
- Home prices in Curry County changed +2.7% over one year and +34.4% over five years, as of 2025.