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Truth or Consequences, NM Home Values and Rents

The typical home value in Truth or Consequences is $154,703, 111th highest of 150 cities and towns in New Mexico. Median rent is $714 a month.

Typical home value
$154,703
111th of 150 in NM
Median rent
$714/mo
ACS 2020-2024
Price change, 1 year
+4.8%
Sep 2026
Homeownership
58.2%
NM: 70.0%

Typical home value in Truth or Consequences

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodTruth or Consequences
Sep 2026$154,703
Dec 2025$147,918
Dec 2024$152,129
Dec 2023$147,251
Dec 2022$145,632
Dec 2021$135,308
Dec 2020$120,187
Dec 2019$103,267
Dec 2018$97,759
Dec 2017$96,988
Dec 2016$96,912
Dec 2015$99,273
Dec 2014$105,460
Dec 2013$110,961
Dec 2012$117,049

Over five years, Truth or Consequences prices changed +15.7%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
187935$197,700$1,111-+32.7%

Fair Market Rents, FY2027

HUD rent standard for Sierra County, NM

NM rents
Unit sizeMonthly rentvs FY2026
Studio$706+2.0%
1 bedroom$780+2.0%
2 bedrooms$1,014+1.0%
3 bedrooms$1,404+0.6%
4 bedrooms$1,590-1.8%

Frequently asked questions

What is the typical home value in Truth or Consequences, NM?
The typical home value in Truth or Consequences is $154,703 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
How much is rent in Truth or Consequences?
The median rent in Truth or Consequences is $714 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Truth or Consequences?
The typical home value in Truth or Consequences changed +4.8% over one year and +15.7% over five years, as of Sep 2026.
How does Truth or Consequences compare with the rest of New Mexico?
Truth or Consequences has the 111th highest median home value of 150 cities and towns with 1,000+ residents in New Mexico.
Which ZIP code in Truth or Consequences has the highest home values?
ZIP code 87935 has the highest median home value at $197,700.