HousingHandbookReference data

U.S. ZIP Code · NM88063

Doña Ana County · Las Cruces, NM

Typical home value

$249,242[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.2%
5-year / yr
+7.4%
10-year / yr
+7.7%

Relative price

vs U.S.
-12.3%
vs metro
-3.8%
vs state
-10.8%
ZIP 88063 location in NM
Location of ZIP 88063 in NM

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 88063 is worth $249,242 — 3.8% below the Las Cruces, NM median. Over the past year, values have fallen 1.2%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$2,199[3]

#Climate risk

FEMA National Risk Index ratings for Doña Ana County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively High
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
10,881[3]
Median household income
$41,975[3]

#Migration

Household moves in and out of Doña Ana County over a year, from IRS tax-return data.

Net migration
+104[5]
Moved in
5,116
Moved out
5,012

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
5
Elementary
4
Middle
0
High
0
  • RIVERSIDE ELEMENTARY

    Elementary · Grades PK–6 · GADSDEN

    557 students

  • DESERT VIEW ELEMENTARY

    Elementary · Grades K–6 · GADSDEN

    493 students

  • GADSDEN ELEMENTARY

    Elementary · Grades PK–6 · GADSDEN

    399 students

  • GADSDEN ADMIN COMPLEX PREK CENTER

    Prekindergarten · Grades PK · GADSDEN

    150 students

  • SUNLAND PARK ELEMENTARY

    Elementary · Grades PK–6 · GADSDEN

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,260
Loan principal$199,394
Down payment$49,848
Total interest paid$254,315

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,651
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
88th percentile[1]
Rental yield
[2]
Property tax
86th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 88063?
The typical home in 88063 is worth $249,242, based on the Zillow Home Value Index.
Are home values rising in 88063?
Home values in 88063 are down 1.2% over the past year, and up 7.4% a year over five years.
What is the property tax rate in 88063?
The effective property tax rate in 88063 is 0.9% — roughly $2,199 a year on a typical home.
Who lives in 88063?
ZIP code 88063 has a population of 10,881 and a median household income of $41,975.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Vado CDP, NM

    Typical home
    $257,088
    Gross yield
  • La Union CDP, NM

    Typical home
    $237,815
    Gross yield
  • Rincon CDP, NM

    Typical home
    $261,018
    Gross yield
  • Berino CDP, NM

    Typical home
    $235,217
    Gross yield
  • Las Cruces, NM

    Typical home
    $276,227
    Gross yield
    5.1%
  • Mesilla, NM

    Typical home
    $283,424
    Gross yield

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