Market Summary

Las Vegas, San Miguel County, NM

City Last updated April 8, 2026

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GRM sits in a middle range at 18.0x, so price and rent look more balanced than frothier peers.

Median Home Price Price

$210,349 $210.3K

Median Monthly Rent Rent

$967 $967

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Key takeaways

Quick read before you scroll

  • GRM sits in a middle range at 18.0x, so price and rent look more balanced than frothier peers.
  • Median rent is up about $70 year over year, which points to positive momentum.
  • Closest benchmark to check next: Farwell, Clare County, MI in the Out of state comparison set.

Similar markets

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Trend Insights

Median Rent in Las Vegas, NM is $967, with MoM change +$3 and YoY change +$70 pointing to positive momentum while volatility is low (std $19).

Similar markets within San Miguel County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within NM outside of San Miguel County

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Home prices

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Monthly rent

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GRM

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Similar markets outside of NM

Region Price Rent GRM Display
$184,342 $913 17.0x
$294,514 $1,223 20.0x
$198,319 $1,021 16.0x
$239,454 $805 25.0x
$141,052 $840 14.0x
$162,593 $1,096 12.0x
$156,469 $878 15.0x
$200,855 $1,043 16.0x
$197,953 $1,763 9.0x
$231,803 $1,038 19.0x
$177,172 $808 18.0x
$232,296 $694 28.0x
$170,771 $715 20.0x
$248,618 $1,240 17.0x
$240,618 $1,114 18.0x
$204,912 $1,055 16.0x
$228,650 $933 20.0x
$206,537 $1,194 14.0x
$184,241 $914 17.0x
$165,138 $1,066 13.0x
$119,013 $738 13.0x
$255,414 $936 23.0x
$209,943 $990 17.0x
$314,393 $908 29.0x
$196,989 $923 18.0x
$201,114 $999 17.0x
$185,860 $1,216 13.0x
$196,867 $1,077 15.0x
$305,593 $1,128 22.0x

Home prices

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Monthly rent

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GRM

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Las Vegas

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Benchmark comparison

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Las Vegas, NM.

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Base market Las Vegas, NM Current page
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Metric
Base Current market
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Delta
Median rent
Base $967
Compare N/A
Median price
Base $210,349
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YoY change
Base +$70
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Price-to-rent
Base 18.1x
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Market notes

Market Snapshot

Las Vegas, San Miguel County, NM is a city market with a median home price of $210,349, a median monthly rent of $967, a GRM of 18.0x, and a price-to-rent ratio of 18.1.

Comparable markets

Comparable Markets

Price $184.3K Rent $913 GRM 17.0x
Price $170K Rent $901 GRM 16.0x
Price $294.5K Rent $1.2K GRM 20.0x
Price $198.3K Rent $1K GRM 16.0x

FAQ

Frequently Asked Questions

What is the median home price in Las Vegas, San Miguel County, NM?

TwinMarket currently shows a median home price of $210,349 for Las Vegas, San Miguel County, NM.

What is the median rent in Las Vegas, San Miguel County, NM?

The current TwinMarket market snapshot lists median monthly rent at $967 in Las Vegas, San Miguel County, NM.

What is the GRM in Las Vegas, San Miguel County, NM?

TwinMarket currently shows a GRM of 18.0x in Las Vegas, San Miguel County, NM. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Las Vegas, San Miguel County, NM?

Comparable markets currently surfaced on TwinMarket for Las Vegas, San Miguel County, NM include Farwell, Clare County, MI, Wallingford, Emmet County, IA, Loganville, Sauk County, WI. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Las Vegas, San Miguel County, NM market page updated?

The market data shown on this page was last updated on April 8, 2026.