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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

Sunland Park, NM Housing Affordability Index

Sunland Park, New Mexico has an MBR Housing Affordability Index score of 110.0 (More Affordable Than Average) as of October 30, 2026, ranking 119th most affordable of 147 scored New Mexico cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $215,200 home with 20% down, the New Mexico average 30-year fixed rate of 7.26% means a monthly principal and interest payment of about $1,175, or 22% of the city’s $62,814 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Sunland Park 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.

Sunland Park MBR-HAI 110.0 More Affordable Than Average
Rank in New Mexico 119 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 $215,200 U.S. Census Bureau

Sunland Park is 2.0 points below the New Mexico score. Scores as of October 30, 2026. See the New Mexico index

View Sunland Park Mortgage Rates

See What You Can Afford in Sunland Park, New Mexico

Use this Sunland Park, New Mexico home affordability calculator to see how much house you can afford at today’s New Mexico average 30-year mortgage rate of 7.26%. A household earning the Sunland Park median income of $62,814, with no other debts and $43,000 down, can afford a home of about $210,299, compared with a median home value of $215,200. Buying the median priced home with 20% down takes a household income of about $61,500 once property tax and insurance are counted.

Sunland Park median (Census)
Car, student loan, card minimums
Under 20% adds PMI
New Mexico average, 30-year fixed
Sunland Park median bill (Census)
Estimate; use your quote
You can afford a home up to
$210,299
Below the Sunland Park median home value of $215,200
Loan amount$167,299
Principal & interest$1,142/mo
Property tax$166/mo
Home insurance$88/mo
PMI$0/mo
Total monthly payment$1,396/mo
Compare Sunland Park Mortgage Rates

How much house can you afford in Sunland Park?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Sunland Park, property taxes run about 0.95% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $3,307 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Sunland Park

$1,175/mo
Principal & Interest
Median home, 20% down, 7.26%
$50,400
Income Needed
To keep principal and interest at 28% of income
$62,814
Median Household Income
New Mexico: $64,059
3.4x
Price-to-Income Ratio
New Mexico: 3.9x
$1,106/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,049/yr
Median Property Tax
0.95% of median value
30.5%
Owner Cost Burden
Owners spending 30%+ of income on housing
43.5%
Renter Cost Burden
Renters spending 30%+ of income on rent

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

Cite the Sunland Park Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Sunland Park, New Mexico score: 110.0 (More Affordable Than Average), ranked 119 of 147 New Mexico cities. monitorbankrates.com/housing-affordability-index/new-mexico/sunland-park”