
Corrales feels like a time capsule. It’s a green, lush village along the river where horses are just as common as cars. You’ll find apple orchards, local wineries, and a very protective community that loves its rural roots. It’s upscale but down-to-earth. If you want a home with a vineyard or a stable while staying close to city jobs, Corrales is the gold standard.
$650,000
$2,100
Median Home Rent
Corrales's Best Neighborhoods:

Albuquerque is the heart of the state, and it's where you'll find the most jobs. It's a big hub for healthcare, film, and aerospace. You can spend your mornings on the Rio Grande trails and your weekends watching hundreds of hot air balloons fill the sky. It’s affordable, sunny, and perfect if you want city perks without the massive price tag of a place like Phoenix or Denver.
$359,000
$1,680
Median Home Rent
Albuquerque's Best Neighborhoods:

Santa Fe is the oldest capital in the U.S., and you can see that history in every plaza and adobe home. It’s a dream for artists and foodies. While it’s pricier than other parts of the state, you’re paying for a world-class arts scene and some of the best food in the country. It’s a great fit if you’re looking for a slower, more creative life in the foothills of the mountains.
$355,000
$2,400
Median Home Rent
Santa Fe's Best Neighborhoods:

Los Lunas is a bit further south and is becoming a major tech hotspot. With big names like Meta and Amazon moving in, there are plenty of new jobs and shops popping up. It still has a bit of a rural, farm-town soul, which means you can often find more land for your money. It’s perfect for young families who want a quiet home base that’s still just a quick 20-minute drive from the city.
$252,550
$1,925
Median Home Rent
Los Lunas's Best Neighborhoods:

Edgewood is on the back side of the mountains, which means it stays cooler and has a more rugged, forest feel. You get more land for your money here, and the sunsets are tough to beat. It’s a relaxed town where people mostly work in the city but prefer to come home to quiet, star-filled nights. It’s a great middle ground for families who want room to breathe.
$138,500
$1,850
Median Home Rent
Edgewood's Best Neighborhoods:

Belen is known as the "Hub City" because of its deep railroad history. It’s an affordable, working-class town with a lot of pride and deep traditions. The Rail Runner train makes it easy to commute up to Albuquerque or Santa Fe without touching your car. If you’re looking for small-town charm and a friendly community that won't break the bank, Belen is a great place to look.
$114,900
$1,400
Median Home Rent
Belen's Best Neighborhoods:

Tijeras is a hidden gem tucked into the canyon just east of Albuquerque. It’s the gateway to the Sandias, so you’re living among cool pine forests and mountain trails. It’s a tight-knit spot that’s popular with remote workers and anyone who wants to escape the desert heat. You get the peace of a mountain village, but you can still be at a grocery store in the city in 15 minutes.
$90,000
$1,549
Median Home Rent
Tijeras's Best Neighborhoods:

Moriarty sits right on Route 66 and offers wide-open spaces and massive blue skies. It’s known as the Pinto Bean Capital, and it stays true to its small-town agricultural heart. Because it’s right on the interstate between Albuquerque and Santa Fe, it’s a smart pick for people who want affordable land and a simple life without being too far from the action.
$87,120
$1,389
Median Home Rent
Moriarty's Best Neighborhoods:

Taos is a legendary mountain town that feels a world away from everything. It’s famous for its world-class ski resort and the ancient Taos Pueblo. The community is a mix of artists, outdoor guides, and people looking for a spiritual retreat. If you want a "bohemian" lifestyle where you can hike in the morning and hit an art gallery in the afternoon, this is your place.
$80,999
$1,850
Median Home Rent
Taos's Best Neighborhoods:

Rio Rancho is sitting right northwest of Albuquerque and is growing fast. It’s a favorite for families because the schools are great and the neighborhoods feel very safe. Many people here work at the giant Intel plant or in healthcare. You get incredible mountain views from almost everywhere in town. It’s a solid choice if you want a master-planned community that still feels like the Southwest.
$47,500
$2,100
Median Home Rent
Rio Rancho's Best Neighborhoods:
From mountain villages to river valley towns, New Mexico offers remarkable value with its naturally low cost of living. For those seeking quality of life without premium costs, these budget-friendly communities provide housing and expenses significantly below national averages—representing the most affordable places to live in New Mexico.
| City | Median Home Price | Median Rent | Cost of Living vs. State Avg. | Affordability Score |
|---|---|---|---|---|
| Portales | $222500 | $925 | 8.8/10 | |
| Deming | $155000 | $900 | 9.4/10 | |
| Roswell | $277000 | $1275 | 7.9/10 | |
| Clovis | $215000 | $1250 | 8.3/10 | |
| Las Vegas | $220000 | $895 | 9.0/10 |
New Mexico maintains strong safety records across many communities. Crime rates remain low through active neighborhood watch programs and engaged local police. Safety in the "Land of Enchantment" stems from tight-knit community involvement and proactive public safety initiatives. Whether you seek a quiet mountain town or a secure suburban neighborhood, these cities rank as the safest places in New Mexico to live.
To determine the best places to live, we applied a structured, data-driven methodology using verified economic and housing datasets. Our analysis incorporates employment levels and job stability (Bureau of Labor Statistics), cost-of-living benchmarks (C2ER), median home prices and average rents (Houzeo housing data), and income statistics from the U.S. Census Bureau. Each factor was normalized against its respective state average to control for regional cost differences and market size. The combined metrics were then weighted and aggregated to produce a final comparative score, highlighting cities where income levels align more favorably with housing costs, employment conditions remain stable, and overall affordability is stronger relative to the state baseline.
Best Places to Live in new-mexico
Important Legal Disclosures
MLS Disclaimers
The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.
All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors. Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.