Zip lookup · NM

88007
Las Cruces, New Mexico.

Las Cruces, Dona Ana County, NM · Las Cruces, NM metro · population 26,254

What it costs per month · 88007 $1,699/mo

to buy the typical home at today's mortgage rate — +$904 (+114%) since Jan 2020.

What the home itself did
1 year
Down $1,880 -1%
$325,665$323,785 since Sep 2025
5 years
Up $59,728 +23%
$264,057$323,785 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 88007 $1,699 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 88007$1,699
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 17 years.

Typical home values in zip 88007 fell 0.6% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Las Cruces, NM — measured over the city limits, which is a different area from this zip.

Asking rent $1,536 as of Jul 2026
Typical home value $323,785 as of Sep 2026
-0.6%year on year

Asking rent — 88007

Against the Las Cruces, NM metro and the national benchmark.

$1,500 $1,600 $1,700 $1,800 $1,900 2026 88007 $1,536 Las Cruces $1,446 United States $1,926
$1,500 $1,600 $1,700 $1,800 $1,900 2026
  • 88007$1,536
  • Las Cruces$1,446
  • United States$1,926

Typical home value — 88007

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 88007 $323,785 Las Cruces $285,348 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 88007$323,785
  • Las Cruces$285,348
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
9.9 88005 Las Cruces 27,509 $1,194 $272,780
13.8 88046 Mesilla 656 — $278,905
15.4 88001 Las Cruces 37,690 $984 $202,311
16.5 87940 Rincon 393 — $256,391
19.6 87937 Hatch 2,990 — $167,067
19.7 88047 Mesilla Park 1,660 — $353,159

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.