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Red River, NM Home Values and Rents
The typical home value in Red River is $407,613. Median rent is $933 a month.
- Typical home value
- $407,613
- Zillow
- Median rent
- $933/mo
- ACS 2020-2024
- Price change, 1 year
- +0.2%
- Sep 2026
- Homeownership
- 40.7%
- NM: 70.0%
Typical home value in Red River
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Red River |
|---|---|
| Sep 2026 | $407,613 |
| Dec 2025 | $406,176 |
| Dec 2024 | $409,716 |
| Dec 2023 | $400,778 |
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Taos County, NM
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $900 | -0.9% |
| 1 bedroom | $1,104 | +3.0% |
| 2 bedrooms | $1,292 | +1.0% |
| 3 bedrooms | $1,626 | +2.1% |
| 4 bedrooms | $1,932 | -10.0% |
Frequently asked questions
- What is the typical home value in Red River, NM?
- The typical home value in Red River is $407,613 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- How much is rent in Red River?
- The median rent in Red River is $933 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,292.
- Are home prices going up in Red River?
- The typical home value in Red River changed +0.2% over one year and - over five years, as of Sep 2026.