B
13%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
60%
Owner Occ. NAT. AVG.

Lake Valley Housing Information

IndexLake ValleyNew MexicoNational
Median home price$282,798$283,484$326,622
Median rent asked$0$1,180$1,444
Avg. people per household2.52.72.6
Owner occupied households25.6%67.8%63.6%
Renter occupied households74.4%32.2%36.4%
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Housing Quick Facts

  • The median home price in Lake Valley is 13% lower than the national average.
  • The median rent asked in Lake Valley is 100% lower than the national average.
  • The average number of people per household in Lake Valley is 6% lower than the national average.
  • The number of owner occupied households in Lake Valley is 60% lower than the national average.
  • The number of renter occupied households in Lake Valley is 105% higher than the national average.

Most Affordable Places to Live in and Around Lake Valley

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Compare Lake Valley, NM Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Lake Valley, NM98$282,79813%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Mappsburg, VA98$425,94530%
      Cordova, NE98$121,30163%
      Badger, SD98$98,26570%
      Aullville, MO98$209,05236%
      Wanda, MN98$112,93265%
      Lake Valley, NM98$282,79813%
      Source: The Lake Valley, NM housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.