Best places to retire in New Mexico
Written by:
April 10, 2021
realtor.com
Best places to retire in New Mexico
For many people, retirement is the reward after decades of working and raising a family. After all that anticipation, deciding where to spend that precious time can be a tough decision, so Stacker looked to data and rankings from Niche to compile a list of the best places to retire in New Mexico. Niche ranks places to retire based on a variety of factors including cost of living, health care, recreation, and weather. Listings and images are from realtor.com.
Many retirees seek out easy access to indoor and outdoor recreation, from walking trails and water access to museums and theaters. Many desirable retirement destinations also have good proximity to major cities, ripe with arts, culture, and health care resources. But those choice locations carry the key drawback of a high cost of living, often due to pricey housing costs, that will not suit retirees often on fixed incomes. Low crime rates make a difference, as well.
Keep reading to discover the best places to retire in New Mexico.
You may also like: People who retire comfortably avoid these financial advisor mistakes
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#25. Paradise Hills
- Population: 4,656
- Median home value: $182,100 (81% own)
- Median rent: $1,121 (19% rent)
- Median household income: $62,070
- Pictured: 9690 Asbury Ln NW, Albuquerque ($419,500, 3 bedrooms)
- Median home value: $182,100 (81% own)
- Median rent: $1,121 (19% rent)
- Median household income: $62,070
- Pictured: 9690 Asbury Ln NW, Albuquerque ($419,500, 3 bedrooms)
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#24. Jarales
- Population: 2,026
- Median home value: $148,000 (82% own)
- Median rent: $614 (18% rent)
- Median household income: $40,613
- Pictured: 397 Jarales Rd, Jarales ($350,000, 3 bedrooms)
- Median home value: $148,000 (82% own)
- Median rent: $614 (18% rent)
- Median household income: $40,613
- Pictured: 397 Jarales Rd, Jarales ($350,000, 3 bedrooms)
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#23. Peralta
- Population: 3,576
- Median home value: $190,000 (87% own)
- Median rent: $533 (13% rent)
- Median household income: $51,118
- Pictured: 35 Molina Rd, Peralta ($549,000, 5 bedrooms)
- Median home value: $190,000 (87% own)
- Median rent: $533 (13% rent)
- Median household income: $51,118
- Pictured: 35 Molina Rd, Peralta ($549,000, 5 bedrooms)
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#22. La Luz
- Population: 1,222
- Median home value: $77,500 (75% own)
- Median rent: $589 (25% rent)
- Median household income: $29,559
- Pictured: 44 LA Luz Rd, La Luz ($350,000, 4 bedrooms)
- Median home value: $77,500 (75% own)
- Median rent: $589 (25% rent)
- Median household income: $29,559
- Pictured: 44 LA Luz Rd, La Luz ($350,000, 4 bedrooms)
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#21. Tularosa
- Population: 2,944
- Median home value: $103,300 (84% own)
- Median rent: $575 (16% rent)
- Median household income: $41,282
- Pictured: 605 Riata Rd, Tularosa ($725,000, 3 bedrooms)
- Median home value: $103,300 (84% own)
- Median rent: $575 (16% rent)
- Median household income: $41,282
- Pictured: 605 Riata Rd, Tularosa ($725,000, 3 bedrooms)
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#20. Las Cruces
- Population: 102,102
- Median home value: $155,200 (54% own)
- Median rent: $788 (46% rent)
- Median household income: $43,022
- Pictured: 3305 Majestic Rdg, Las Cruces ($985,000, 4 bedrooms)
- Median home value: $155,200 (54% own)
- Median rent: $788 (46% rent)
- Median household income: $43,022
- Pictured: 3305 Majestic Rdg, Las Cruces ($985,000, 4 bedrooms)
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#19. Elephant Butte
- Population: 1,352
- Median home value: $135,400 (87% own)
- Median rent: $928 (13% rent)
- Median household income: $43,846
- Pictured: 109 Alta Vista Rd, Elephant Butte ($981,000, 3 bedrooms)
- Median home value: $135,400 (87% own)
- Median rent: $928 (13% rent)
- Median household income: $43,846
- Pictured: 109 Alta Vista Rd, Elephant Butte ($981,000, 3 bedrooms)
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#18. Socorro
- Population: 8,460
- Median home value: $135,600 (62% own)
- Median rent: $636 (38% rent)
- Median household income: $41,271
- Pictured: 2319 State Road 1, Socorro ($350,000, 3 bedrooms)
- Median home value: $135,600 (62% own)
- Median rent: $636 (38% rent)
- Median household income: $41,271
- Pictured: 2319 State Road 1, Socorro ($350,000, 3 bedrooms)
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#17. Raton
- Population: 6,047
- Median home value: $83,700 (67% own)
- Median rent: $723 (33% rent)
- Median household income: $31,034
- Pictured: 1460 Dwyer Ave, Raton ($599,000, 6 bedrooms)
- Median home value: $83,700 (67% own)
- Median rent: $723 (33% rent)
- Median household income: $31,034
- Pictured: 1460 Dwyer Ave, Raton ($599,000, 6 bedrooms)
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#16. North Valley
- Population: 13,449
- Median home value: $221,500 (80% own)
- Median rent: $852 (20% rent)
- Median household income: $53,744
- Pictured: 10040 Los Cansados Rd NW, Albuquerque ($1.3 million, 3 bedrooms)
- Median home value: $221,500 (80% own)
- Median rent: $852 (20% rent)
- Median household income: $53,744
- Pictured: 10040 Los Cansados Rd NW, Albuquerque ($1.3 million, 3 bedrooms)
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#15. Ruidoso Downs
- Population: 2,573
- Median home value: $130,900 (47% own)
- Median rent: $522 (53% rent)
- Median household income: $28,646
- Pictured: 120 Highlands Ln, Ruidoso Downs ($424,900, 4 bedrooms)
- Median home value: $130,900 (47% own)
- Median rent: $522 (53% rent)
- Median household income: $28,646
- Pictured: 120 Highlands Ln, Ruidoso Downs ($424,900, 4 bedrooms)
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#14. Los Ranchos de Albuquerque
- Population: 6,114
- Median home value: $447,700 (73% own)
- Median rent: $760 (27% rent)
- Median household income: $64,732
- Pictured: 5821 Padre Roberto Rd NW, Los Ranchos ($2.8 million, 5 bedrooms)
- Median home value: $447,700 (73% own)
- Median rent: $760 (27% rent)
- Median household income: $64,732
- Pictured: 5821 Padre Roberto Rd NW, Los Ranchos ($2.8 million, 5 bedrooms)
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#13. Valencia
- Population: 2,018
- Median home value: $165,200 (85% own)
- Median rent: $545 (15% rent)
- Median household income: $65,139
- Pictured: 1 Del Cerro Ct, Los Lunas ($412,605, 4 bedrooms)
- Median home value: $165,200 (85% own)
- Median rent: $545 (15% rent)
- Median household income: $65,139
- Pictured: 1 Del Cerro Ct, Los Lunas ($412,605, 4 bedrooms)
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#12. Santa Fe
- Population: 83,922
- Median home value: $280,800 (63% own)
- Median rent: $1,080 (37% rent)
- Median household income: $57,972
- Pictured: Tano Point Est, Santa Fe ($15.0 million, 7 bedrooms)
- Median home value: $280,800 (63% own)
- Median rent: $1,080 (37% rent)
- Median household income: $57,972
- Pictured: Tano Point Est, Santa Fe ($15.0 million, 7 bedrooms)
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#11. Ranchos de Taos
- Population: 2,178
- Median home value: $305,500 (91% own)
- Median rent: $526 (9% rent)
- Median household income: $42,664
- Pictured: 89 Riverbend Rd, Ranchos de Taos ($1.1 million, 3 bedrooms)
- Median home value: $305,500 (91% own)
- Median rent: $526 (9% rent)
- Median household income: $42,664
- Pictured: 89 Riverbend Rd, Ranchos de Taos ($1.1 million, 3 bedrooms)
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#10. Silver City
- Population: 9,627
- Median home value: $134,400 (53% own)
- Median rent: $666 (47% rent)
- Median household income: $31,620
- Pictured: 4515 N Little Walnut Rd, Silver City ($1.6 million, 3 bedrooms)
- Median home value: $134,400 (53% own)
- Median rent: $666 (47% rent)
- Median household income: $31,620
- Pictured: 4515 N Little Walnut Rd, Silver City ($1.6 million, 3 bedrooms)
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#9. Boles Acres
- Population: 2,173
- Median home value: $156,300 (89% own)
- Median rent: $582 (11% rent)
- Median household income: $52,034
- Pictured: 57 San Pedro Dr, Alamogordo ($435,000, 4 bedrooms)
- Median home value: $156,300 (89% own)
- Median rent: $582 (11% rent)
- Median household income: $52,034
- Pictured: 57 San Pedro Dr, Alamogordo ($435,000, 4 bedrooms)
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#8. Truth or Consequences
- Population: 5,894
- Median home value: $85,300 (64% own)
- Median rent: $493 (36% rent)
- Median household income: $23,988
- Pictured: 1508 Steel St, Truth or Consequences ($400,000, 2 bedrooms)
- Median home value: $85,300 (64% own)
- Median rent: $493 (36% rent)
- Median household income: $23,988
- Pictured: 1508 Steel St, Truth or Consequences ($400,000, 2 bedrooms)
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#7. Eldorado at Santa Fe
- Population: 5,823
- Median home value: $386,400 (93% own)
- Median rent: $1,647 (7% rent)
- Median household income: $78,073
- Pictured: 12 Camino Rosa Linda, Santa Fe ($3.5 million, 3 bedrooms)
- Median home value: $386,400 (93% own)
- Median rent: $1,647 (7% rent)
- Median household income: $78,073
- Pictured: 12 Camino Rosa Linda, Santa Fe ($3.5 million, 3 bedrooms)
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#6. Corrales
- Population: 8,588
- Median home value: $447,600 (91% own)
- Median rent: $1,094 (9% rent)
- Median household income: $85,580
- Pictured: 560 Andrews Ln, Corrales ($1.6 million, 3 bedrooms)
- Median home value: $447,600 (91% own)
- Median rent: $1,094 (9% rent)
- Median household income: $85,580
- Pictured: 560 Andrews Ln, Corrales ($1.6 million, 3 bedrooms)
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#5. Placitas
- Population: 4,686
- Median home value: $366,700 (87% own)
- Median rent: $1,168 (13% rent)
- Median household income: $80,224
- Pictured: 928 State Highway 165, Placitas ($1.2 million, 3 bedrooms)
- Median home value: $366,700 (87% own)
- Median rent: $1,168 (13% rent)
- Median household income: $80,224
- Pictured: 928 State Highway 165, Placitas ($1.2 million, 3 bedrooms)
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#4. Los Alamos
- Population: 12,666
- Median home value: $308,100 (67% own)
- Median rent: $1,042 (33% rent)
- Median household income: $116,116
- Pictured: 70 Turquoise St, Los Alamos ($595,000, 4 bedrooms)
- Median home value: $308,100 (67% own)
- Median rent: $1,042 (33% rent)
- Median household income: $116,116
- Pictured: 70 Turquoise St, Los Alamos ($595,000, 4 bedrooms)
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#3. Ruidoso
- Population: 7,791
- Median home value: $180,700 (79% own)
- Median rent: $770 (21% rent)
- Median household income: $50,114
- Pictured: 101 Homestead Loop, Ruidoso ($1.8 million, 9 bedrooms)
- Median home value: $180,700 (79% own)
- Median rent: $770 (21% rent)
- Median household income: $50,114
- Pictured: 101 Homestead Loop, Ruidoso ($1.8 million, 9 bedrooms)
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#2. White Rock
- Population: 5,751
- Median home value: $301,500 (92% own)
- Median rent: $1,253 (8% rent)
- Median household income: $135,964
- Pictured: 80 Confianza St, White Rock ($637,941, 3 bedrooms)
- Median home value: $301,500 (92% own)
- Median rent: $1,253 (8% rent)
- Median household income: $135,964
- Pictured: 80 Confianza St, White Rock ($637,941, 3 bedrooms)
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#1. Sandia Heights
- Population: 3,571
- Median home value: $465,700 (97% own)
- Median rent: $1,345 (3% rent)
- Median household income: $107,104
- Pictured: 802 Horned Owl Dr NE, Albuquerque ($885,000, 4 bedrooms)
- Median home value: $465,700 (97% own)
- Median rent: $1,345 (3% rent)
- Median household income: $107,104
- Pictured: 802 Horned Owl Dr NE, Albuquerque ($885,000, 4 bedrooms)
