Skip to content

Pecos, NM Home Values and Rents

The typical home value in Pecos is $387,034, 34th highest of 150 cities and towns in New Mexico. Median rent is $1,044 a month.

Typical home value
$387,034
34th of 150 in NM
Median rent
$1,044/mo
ACS 2020-2024
Price change, 1 year
+4.0%
Sep 2026
Homeownership
64.9%
NM: 70.0%

Typical home value in Pecos

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodPecos
Sep 2026$387,034
Dec 2025$375,693
Dec 2024$368,014
Dec 2023$339,646
Dec 2022$309,836

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
$302,700 · NM $248,100
Median gross rent
$1,044/mo · NM $1,067
Home value to income
3.4 times the median household income ($88,490)
Rent to income
A year of median rent equals 14% of median household income
Owner-occupied
64.9% of 459 households
Housing units
608
Vacancy rate
24.5%
Median year built
1987

Fair Market Rents, FY2027

HUD rent standard for San Miguel County, NM

NM rents
Unit sizeMonthly rent
Studio$796
1 bedroom$925
2 bedrooms$1,077
3 bedrooms$1,491
4 bedrooms$1,689

Frequently asked questions

What is the typical home value in Pecos, NM?
The typical home value in Pecos is $387,034 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Pecos?
The median rent in Pecos is $1,044 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,077.
Are home prices going up in Pecos?
The typical home value in Pecos changed +4.0% over one year and - over five years, as of Sep 2026.
How does Pecos compare with the rest of New Mexico?
Pecos has the 34th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.