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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

Santa Clara, NM Housing Affordability Index

Santa Clara, New Mexico has an MBR Housing Affordability Index score of 210.3 (Highly Affordable) as of October 30, 2026, ranking 18th most affordable of 147 scored New Mexico cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $141,500 home with 20% down, the New Mexico average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $773, or 16% of the city’s $57,898 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Santa Clara 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.

Santa Clara MBR-HAI 210.3 Highly Affordable
Rank in New Mexico 18 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 $141,500 U.S. Census Bureau

Santa Clara is 98.3 points above the New Mexico score. Scores as of October 30, 2026. See the New Mexico index

View Santa Clara Mortgage Rates

What It Takes to Buy in Santa Clara

$773/mo
Principal & Interest
Median home, 20% down, 7.26%
$33,100
Income Needed
To keep the payment at 28% of income
$57,898
Median Household Income
New Mexico: $64,059
2.4x
Price-to-Income Ratio
New Mexico: 3.9x
$396/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$373/yr
Median Property Tax
0.26% of median value
21.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
43.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Santa Clara Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Santa Clara, New Mexico score: 210.3 (Highly Affordable), ranked 18 of 147 New Mexico cities. monitorbankrates.com/housing-affordability-index/new-mexico/santa-clara”