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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Arenas Valley, NM Housing Affordability Index

Arenas Valley, New Mexico has an MBR Housing Affordability Index score of 117.2 (More Affordable Than Average) as of October 30, 2026, ranking 104th most affordable of 147 scored New Mexico cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $189,900 home with 20% down, the New Mexico average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $1,037, or 28% of the city’s $44,300 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Arenas Valley is updated every night from live New Mexico mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Arenas Valley MBR-HAI 117.2 More Affordable Than Average
Rank in New Mexico 104 of 147 1 = most affordable
New Mexico 112.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.26% New Mexico lenders
Median home value $189,900 U.S. Census Bureau

Arenas Valley is 5.2 points above the New Mexico score. Scores as of October 30, 2026. See the New Mexico index

View Arenas Valley Mortgage Rates

What It Takes to Buy in Arenas Valley

$1,037/mo
Principal & Interest
Median home, 20% down, 7.26%
$44,400
Income Needed
To keep the payment at 28% of income
$44,300
Median Household Income
New Mexico: $64,059
4.3x
Price-to-Income Ratio
New Mexico: 3.9x
$578/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,467/yr
Median Property Tax
New Mexico figure
10.6%
Owner Cost Burden
Owners spending 30%+ of income on housing
46.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Arenas Valley, New Mexico. The rate is the New Mexico average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Arenas Valley Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Arenas Valley, New Mexico score: 117.2 (More Affordable Than Average), ranked 104 of 147 New Mexico cities. monitorbankrates.com/housing-affordability-index/new-mexico/arenas-valley”