Las Cruces, NM Real Estate Prices per Square Foot

Buy prices, rent prices, historical development and submitted values for Las Cruces, NM.

Average buy price
$188.00 / sqft

Typical residential purchase price per square foot.

Average rent
$1.32 / sqft / month

Monthly rent per square foot.

Median home price
$306,375

Estimated median residential sale price.

Median monthly rent
$1,500

Estimated median rent for the city.

Historical price development

Buy price development

Buy prices have increased by about 16.6% over the last 5 years.

Rent price development

Rent prices have increased by about 17.0% over the last 5 years.

Submitted values in Las Cruces

This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.

Date Type Property Price / sqft Size Total Area
2026-07-05 Rent single-family home $1.25 / sqft 1,910 sqft $2,388 Shalem Colony 88007
2026-07-02 Buy single-family home $135.00 / sqft 1,288 sqft $173,880 Alameda-Depot 88001
2026-07-01 Rent loft $1.62 / sqft 760 sqft $1,231 Downtown 88001
2026-06-30 Buy single-family home $246.00 / sqft 3,560 sqft $875,760 Coronado Ridge 88011
2026-06-30 Buy single-family home $218.00 / sqft 2,475 sqft $539,550 Sonoma Ranch East 88011
2026-06-30 Buy condo $162.00 / sqft 1,115 sqft $180,630 University District 88001
2026-06-29 Rent apartment $1.27 / sqft 885 sqft $1,124 Downtown 88005
2026-06-29 Rent townhouse $1.42 / sqft 1,450 sqft $2,059 Sonoma Ranch 88011
2026-06-24 Buy multi-family home $136.00 / sqft 4,120 sqft $560,320 El Paseo 88001
2026-06-24 Rent duplex $1.24 / sqft 980 sqft $1,215 Mesilla Park 88005
2026-06-24 Buy single-family home $172.00 / sqft 1,710 sqft $294,120 Lohman Avenue 88001
2026-06-20 Rent duplex $1.16 / sqft 1,220 sqft $1,415 Mesquite Historic District 88001
2026-06-20 Buy single-family home $156.00 / sqft 1,525 sqft $237,900 Mesilla Park 88005
2026-06-20 Rent luxury apartment $1.86 / sqft 910 sqft $1,693 Sonoma Ranch 88011
2026-06-17 Buy duplex $148.00 / sqft 2,260 sqft $334,480 Mesquite Historic District 88005
2026-06-17 Buy single-family home $196.00 / sqft 3,308 sqft $648,368 Organ Mesa 88011
2026-06-12 Buy single-family home $198.00 / sqft 1,895 sqft $375,210 Metro Verde 88012
2026-06-11 Rent apartment $1.36 / sqft 925 sqft $1,258 Lohman Avenue 88001
2026-06-10 Buy single-family home $211.00 / sqft 2,380 sqft $502,180 Picacho Hills 88007
2026-06-10 Rent duplex $1.22 / sqft 1,125 sqft $1,373 Alameda-Depot 88005
2026-06-08 Rent apartment $1.71 / sqft 555 sqft $949 NMSU Area 88001
2026-06-04 Buy single-family home $188.00 / sqft 2,105 sqft $395,740 High Range 88011
2026-06-01 Rent apartment $1.45 / sqft 720 sqft $1,044 University District 88001
2026-05-31 Rent multi-family home $1.07 / sqft 1,540 sqft $1,648 Alameda-Depot 88001
2026-05-27 Buy single-family home $232.00 / sqft 2,865 sqft $664,680 Picacho Mountain 88007
2026-05-27 Rent condo $1.33 / sqft 1,185 sqft $1,576 Telshor 88011
2026-05-21 Buy single-family home $224.00 / sqft 2,740 sqft $613,760 Sonoma Ranch 88011
2026-05-21 Rent single-family home $1.18 / sqft 1,680 sqft $1,982 East Mesa 88012
2026-05-19 Rent single-family home $1.12 / sqft 2,400 sqft $2,688 Picacho Hills 88007
2026-05-15 Buy multi-family home $142.00 / sqft 3,180 sqft $451,560 Downtown 88005
2026-05-13 Buy condo $174.00 / sqft 1,240 sqft $215,760 Telshor 88011
2026-05-10 Buy single-family home $179.00 / sqft 1,976 sqft $353,704 Alameda-Depot 88005
2026-05-08 Rent luxury apartment $1.74 / sqft 1,085 sqft $1,888 Sonoma Ranch North 88011
2026-05-02 Buy single-family home $205.00 / sqft 2,015 sqft $413,075 Rinconada 88012
2026-04-30 Rent luxury apartment $2.05 / sqft 780 sqft $1,599 Foothills 88011
2026-04-29 Rent single-family home $1.15 / sqft 2,260 sqft $2,599 Metro Verde 88012
2026-04-28 Buy condo $169.00 / sqft 980 sqft $165,620 Telshor 88011
2026-04-25 Rent single-family home $1.09 / sqft 2,140 sqft $2,333 Jornada North 88012
2026-04-24 Rent apartment $1.95 / sqft 450 sqft $878 University District 88001
2026-04-23 Rent townhouse $1.29 / sqft 1,355 sqft $1,748 East Mesa 88012
2026-04-22 Rent townhouse $1.31 / sqft 1,295 sqft $1,696 High Range 88011
2026-04-17 Buy duplex $151.00 / sqft 2,040 sqft $308,040 Mesquite Historic District 88001
2026-04-13 Buy loft $183.00 / sqft 820 sqft $150,060 Downtown 88001
2026-04-12 Buy townhouse $176.00 / sqft 1,490 sqft $262,240 El Paseo 88001
2026-04-11 Buy townhouse $191.00 / sqft 1,225 sqft $233,975 Foothills 88011
2026-04-11 Buy townhouse $186.00 / sqft 1,375 sqft $255,750 Foothills 88011
2026-04-10 Buy single-family home $159.00 / sqft 1,675 sqft $266,325 Mesquite Historic District 88001
2026-04-10 Rent condo $1.39 / sqft 1,040 sqft $1,446 Telshor 88011
2026-04-08 Rent single-family home $1.21 / sqft 2,045 sqft $2,474 High Range 88011
2026-04-06 Rent apartment $1.58 / sqft 640 sqft $1,011 El Paseo 88001
2026-02-18 Rent apartment $1.31 / sqft / month 860 sqft $1,127 University District 88001
2026-01-21 Buy condo $176.00 / sqft 1,090 sqft $191,840 Telshor 88011
2025-09-06 Rent single-family home $1.34 / sqft / month 1,850 sqft $2,479 Rinconada 88012
2025-03-11 Buy single-family home $194.00 / sqft 1,980 sqft $384,120 Metro Verde 88012
2024-06-03 Rent townhouse $1.28 / sqft / month 1,320 sqft $1,690 High Range 88011
2024-01-24 Buy single-family home $181.00 / sqft 2,450 sqft $443,450 Picacho Hills 88007
2023-07-12 Rent apartment $1.22 / sqft / month 780 sqft $952 NMSU Area 88001
2023-02-19 Buy townhouse $162.00 / sqft 1,485 sqft $240,570 El Paseo 88001
2022-10-26 Rent luxury apartment $1.46 / sqft / month 940 sqft $1,372 Foothills 88011
2022-04-06 Buy single-family home $168.00 / sqft 2,135 sqft $358,680 Sonoma Ranch 88011
2021-09-17 Rent single-family home $1.12 / sqft / month 1,760 sqft $1,971 Sonoma Ranch 88011
2021-03-31 Buy condo $151.00 / sqft 1,045 sqft $157,795 Telshor 88011
2020-11-10 Rent duplex $1.05 / sqft / month 1,180 sqft $1,239 Downtown 88005
2020-05-15 Buy single-family home $148.00 / sqft 1,865 sqft $276,020 Metro Verde 88012
2019-08-29 Rent apartment $1.03 / sqft / month 830 sqft $855 University District 88001
2019-02-12 Buy single-family home $142.00 / sqft 2,280 sqft $323,760 Picacho Hills 88007
2018-09-21 Rent condo $0.99 / sqft / month 980 sqft $970 Telshor 88011
2018-04-18 Buy townhouse $131.00 / sqft 1,395 sqft $182,745 Foothills 88011
2017-12-07 Rent single-family home $0.95 / sqft / month 1,710 sqft $1,625 East Mesa 88012
2017-06-05 Buy single-family home $125.00 / sqft 2,015 sqft $251,875 High Range 88011
2016-10-14 Rent apartment $0.92 / sqft / month 760 sqft $699 Alameda-Depot 88005
2016-03-22 Buy duplex $119.00 / sqft 1,940 sqft $230,860 Mesquite Historic District 88001
2015-11-02 Rent townhouse $0.89 / sqft / month 1,280 sqft $1,139 Sonoma Ranch 88011
2015-05-30 Buy single-family home $112.00 / sqft 1,775 sqft $198,800 Mesilla Park 88005
2014-07-16 Rent apartment $0.86 / sqft / month 690 sqft $593 NMSU Area 88001
2014-02-27 Buy condo $108.00 / sqft 1,010 sqft $109,080 Telshor 88011
2013-09-08 Rent single-family home $0.85 / sqft / month 1,620 sqft $1,377 Picacho Avenue West 88007
2013-04-23 Buy single-family home $97.00 / sqft 1,890 sqft $183,330 Jornada North 88012
2012-12-28 Rent duplex $0.83 / sqft / month 1,150 sqft $955 Downtown 88005
2012-06-12 Buy single-family home $101.00 / sqft 2,110 sqft $213,110 High Range 88011
2011-10-19 Rent apartment $0.79 / sqft / month 780 sqft $616 El Paseo 88001
2011-05-04 Buy townhouse $94.00 / sqft 1,360 sqft $127,840 Foothills 88011
2010-08-13 Rent condo $0.81 / sqft / month 930 sqft $753 Telshor 88011
2010-03-26 Buy single-family home $88.00 / sqft 1,650 sqft $145,200 Mesquite Historic District 88001
2009-11-09 Rent single-family home $0.73 / sqft / month 1,475 sqft $1,077 East Mesa 88012
2009-07-18 Buy duplex $92.00 / sqft 2,020 sqft $185,840 Alameda-Depot 88005
2008-12-05 Rent apartment $0.76 / sqft / month 820 sqft $623 University District 88001
2008-06-21 Buy single-family home $106.00 / sqft 1,985 sqft $210,410 Lohman Avenue 88001
2007-10-30 Rent townhouse $0.78 / sqft / month 1,250 sqft $975 Sonoma Ranch 88011
2007-04-11 Buy single-family home $118.00 / sqft 2,200 sqft $259,600 Picacho Hills 88007
2006-09-25 Rent single-family home $0.74 / sqft / month 1,550 sqft $1,147 High Range 88011
2006-05-17 Buy condo $104.00 / sqft 960 sqft $99,840 Foothills 88011
2005-12-14 Rent duplex $0.71 / sqft / month 1,100 sqft $781 Mesilla Park 88005
2005-08-09 Buy single-family home $96.00 / sqft 1,740 sqft $167,040 Jornada North 88012
2004-11-22 Rent apartment $0.69 / sqft / month 700 sqft $483 El Paseo 88001
2004-07-02 Buy townhouse $82.00 / sqft 1,325 sqft $108,650 Alameda-Depot 88005
2003-02-16 Rent condo $0.66 / sqft / month 880 sqft $581 Telshor 88011
2002-09-27 Buy single-family home $76.00 / sqft 2,060 sqft $156,560 High Range 88011
2001-12-08 Rent single-family home $0.62 / sqft / month 1,420 sqft $880 East Mesa 88012
2001-06-19 Buy duplex $71.00 / sqft 1,850 sqft $131,350 Mesquite Historic District 88001
2000-03-31 Rent apartment $0.59 / sqft / month 760 sqft $448 Downtown 88005
1999-07-14 Buy single-family home $68.00 / sqft 1,560 sqft $106,080 Picacho Avenue West 88007
1998-10-03 Rent townhouse $0.58 / sqft / month 1,050 sqft $609 Foothills 88011
1998-04-20 Buy single-family home $64.00 / sqft 1,825 sqft $116,800 Mesilla Park 88005
1997-01-29 Rent apartment $0.55 / sqft / month 650 sqft $358 University District 88001
1996-06-06 Buy condo $61.00 / sqft 890 sqft $54,290 NMSU Area 88001
1995-09-15 Rent single-family home $0.52 / sqft / month 1,300 sqft $676 Lohman Avenue 88001
1995-02-10 Buy single-family home $57.00 / sqft 1,680 sqft $95,760 Telshor 88011
1994-05-23 Rent duplex $0.51 / sqft / month 920 sqft $469 Mesquite Historic District 88005
1993-11-12 Buy townhouse $52.00 / sqft 1,180 sqft $61,360 Alameda-Depot 88005
1992-08-04 Rent apartment $0.48 / sqft / month 720 sqft $346 El Paseo 88001
1992-03-18 Buy single-family home $48.00 / sqft 1,450 sqft $69,600 University District 88001

Housing market overview for Las Cruces, NM

The real estate market in Las Cruces, NM can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $188.00 / sqft and an average rent of $1.32 / sqft / month.

Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.

The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.

Frequently asked questions

What is the average home price per square foot in Las Cruces?

The average residential buy price in Las Cruces, NM is $188.00 / sqft based on the current values available on this page.

How much is rent per square foot in Las Cruces?

The average rental price in Las Cruces, NM is $1.32 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.

Are property prices in Las Cruces increasing?

Buy prices have increased by about 16.6% over the last 5 years. Rent prices have increased by about 17.0% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.