Median Home Value
$184,000
Median Gross Rent
$1,101/mo
Homeownership Rate
71.2%
Rent as Share of Income
19.4%
Vacancy Rate
13.1%
Median Year Built
1979
Home Price Index (FHFA)
Home prices in Lea County have risen 524% since 1976, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,062
1 Bedroom
$1,068
2 Bedroom
$1,324
3 Bedroom
$1,641
4 Bedroom
$1,829
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.