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Best Places to Live in New Mexico The Definitive List 2023

Best Places to Live in New Mexico 2025 | Best Cities In New Mexico

Discover The Best Places to Live in New Mexico in 2025

Best Places to Live in New Mexico The Definitive List 2023If you’re considering calling New Mexico home, check out this definitive list of the best places to live in New Mexico!

Over 2 million people live in the beautiful state of New Mexico. That respectable number is no surprise, given the state’s incredible cultural treasures and regional features. From the amenities, gourmet restaurants, and nightlife of Albuquerque to the allure of Los Alamos, those who live in New Mexico have a wide range of excellent options.

New Mexico’s Top 9 Cities to Live in 2025

To help you decide what cities in NM will best suit your unique needs, our Myers & Myers Real Estate team has put together this list of the Best Places to Live in New Mexico for 2025. In addition, you’ll find our suggestions on some of the best areas to live in New Mexico!  Our list includes large and small towns in New Mexico in which to live.

Is New Mexico a good place to live?  Read more and decide for yourself!

  1. Los Alamos
  2. Albuquerque
  3. Rio Rancho
  4. Corrales
  5. Ruidoso
  6. Farmington
  7. Artesia
  8. Santa Fe
  9. Los Lunas

Los Alamos

Los Alamos tops the list of best areas to live in New Mexico. It is a breathtaking region in central northern New Mexico, across four mesas in White Rock Canyon and Pajarito Plateau. In addition, the public schools are among the best in the state. Also, crime rates are meager, and the median household income is well above the national average. This is due in large part to the Los Alamos National Laboratory. The population of Los Alamos is 13,840 (2024).

The Los Alamos National Laboratory is famous for its work on advanced weapons and is responsible for much of the area’s employment. As a result, 43% of the adult population in Los Alamos holds a master’s degree or better, over 30% higher than the national average.

Also, in Los Alamos, you will experience spectacular sights from every direction and a deep sense of community among the locals. Living in Los Alamos is quite pleasant due to its mild climate, with summer temperatures averaging around 70 degrees.

Albuquerque

Second, Albuquerque is on our list of New Mexico’s best cities in to live in. Albuquerque is the largest city in New Mexico, with over half a million residents. According to the US Census, Albuquerque’s population is 561,008 (2022).  That population has led to the city becoming a cultural centerpiece for the state, teeming with activities for people of all ages.

Albuquerque is one of the cities in NM that offers a unique blend of rich history, vibrant culture, and natural beauty, making it one of the top places to live. The city is nestled at the foot of the Sandia Mountains, providing breathtaking views and a wealth of outdoor recreational activities. Residents can use the city’s extensive bike trails, hiking trails, and parks, such as the Sandia Peak Tramway and the Petroglyph National Monument.

Additionally, Albuquerque boasts a mild climate, with over 300 days of sunshine per year, making it an ideal location for those who enjoy outdoor activities.

In addition to its natural beauty, Albuquerque is also a hub for art and culture. The city is home to numerous museums and galleries, such as the Albuquerque Museum and the National Hispanic Cultural Center, which celebrate the city’s diverse history and cultural heritage. The city is also known for its annual Balloon Fiesta, one of the world’s largest hot air balloon festivals, drawing visitors from all over the globe. With a low cost of living, strong job market, and access to world-class healthcare and education, Albuquerque is a great place to call home for individuals and families alike.

Albuquerque’s living costs are low, taxes are reasonable, and employment is abundant. Because of that, Albuquerque is quickly becoming a place where people from all over the country come to live while building their savings.  Are you thinking of moving here? Check out the best neighborhoods in Albuquerque, or start searching for homes by viewing the newest homes for sale in Albuquerque.

Albuquerque Real Estate Market Report

The average home price in Albuquerque was $402,595 in July 2024 for the trailing twelve months (TTM), and the average home price per square foot was $207 in July 2024 (TTM).

In July 2024 (TTM), the median home price in Albuquerque was $350,000, and the median home price per square foot was $204.

For the TTM July 2024, the most expensive home sold in Albuquerque is $3,100,000.

This cute move in ready home awaits you. Located in the gated Sunrise Ranch South neighborhood, the property has had some recent updates including new carpet, fresh paint and a new roof. The spacious floor plan offers several living areas, nice natural lighting and higher ceilings. The kitchen is open and has plenty of cabinet space. Large primary suite with a bathroom that features a relaxing tub for soaking and a separate shower. Easy access to I-40 for a quick commute. Make this home yours today! $304,900 Active

10008 Ladder Ranch Lane SW Albuquerque, New Mexico

3 Beds 2 Baths 1,490 SqFt 0.1 Acres

This home is perfect for anyone looking for a great place to call home. It has all the features you need for comfortable living. The spacious kitchen is great with plenty of counter space and overlooks the dining and living area, the living room is the perfect size for relaxing and entertaining. The three bedrooms (office could be possible fourth) are all nice and roomy. The backyard is ready for your landscaping ideas and the spacious two car garage is a great bonus This home is ready and waiting for you to make it your own. Don't miss out on this great opportunity! $339,900 Active

8205 Crimson Avenue NW Albuquerque, New Mexico

3 Beds 3 Baths 1,809 SqFt 0.12 Acres

Come take a look at this fantastic recently updated home! This home is situated on a sprawling 1.3 acre lot just outside the city. Enjoy the peace and tranquility of rural living while still being close to all the amenities of Albuquerque. The home features a spacious living area with a cozy fireplace, formal dining area, a large kitchen with plenty of counter and storage space. There is a large primary bedroom on the main side of the home and an in-law quarters on the opposite side that also has its own kitchen, living area, bedroom and bathroom. The yard is perfect for entertaining with plenty of room to roam and play. This is the perfect home for those looking for country living while still having access to the city amenities. Come take a look! $529,900 Active

206 Highway 333 Albuquerque, New Mexico

3 Beds 2 Baths 2,851 SqFt 1.32 Acres

Come take a look at this adorable home in the heart of the North Valley. This  home is perfect for anyone looking for a great patio home with easy access to downtown amenities. It has all the features you need for comfortable living with a spacious kitchen that overlooks the living room and features a breakfast bar. The two bedrooms are nice and roomy, two bathrooms and the backyard is ready for your landscaping ideas. The spacious two car garage is a great bonus This home is ready and waiting for you to make it your own. Don't miss out on this great opportunity! $274,900 Active

422 Phoenix Avenue NW Albuquerque, New Mexico

2 Beds 2 Baths 1,094 SqFt 0.1 Acres

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Rio Rancho

If you’re looking for one of the cities in NM on the move, look no further than Rio Rancho. Rio Rancho is amid explosive growth, ballooning by roughly 30,000 residents from 2005 to 2015. This growth is partly due to the city’s work opportunities.  According to the 2020 US Census, the population of Rio Rancho is 104,046.

Intel has spent billions of dollars on its Rio Rancho chip manufacturing plant, which manufactures microprocessor chips. Many people are relocating to Rio Rancho to take jobs at the retooled plant.  Intel in Rio Rancho has 2,600 employees.

The average income of families in Rio Rancho is around $60,000, exceeding the state average of $43,820. Given that high income, crime is low. A possible downside to Rio Rancho is that the cost of living can be higher than average. Check out these newest homes for sale in Rio Rancho.

Rio Rancho Real Estate Market Report

In July 2024 (TTM), the average home price in Rio Rancho was $394,597, and the average home price per square foot was $206.

In July 2024 (TTM), the median home price in Rio Rancho was $365,000, and the median home price per square foot was $208.

For the TTM July 2024, the most expensive home sold in Rio Rancho is $1,400,000.

MOVE-IN READY! This stunning property, built in 2023, offers a perfect blend of modern design and comfort. With 3 bedrooms and 2 bathrooms spread across 1,712 square feet of living space, this single-story home is the epitome of luxury living. Situated on a spacious 6,259 square foot lot, this property boasts ample outdoor space for entertaining or simply enjoying the beautiful New Mexico weather. The open floor plan is perfect for hosting gatherings with family and friends, while the sleek kitchen features top-of-the-line appliances and plenty of storage space. The master suite is a true oasis, complete with a spa-like en-suite bathroom and a walk-in closet. Two additional bedrooms provide plenty of space for guests or a home office. $440,000 Active

6200 White Hawk Drive NE Rio Rancho, New Mexico

3 Beds 2 Baths 1,712 SqFt 0.14 Acres

Welcome to the Pecos by D.R. Horton! This incredible floorplan boasts 3 bedrooms, 2 bathrooms, and an open and inviting floor plan that's perfect for hosting gatherings and entertaining. It comes with stainless steel Whirlpool appliances and our smart home features (let me tell you more!). Ask me about our current incentives! Come see for yourself why the Pecos in Vista Grande is the perfect home for you! $410,390 Active

1665 Maggie Court NE Rio Rancho, New Mexico

3 Beds 2 Baths 1,716 SqFt

Welcome to the San Juan by D.R. Horton! This amazing floorplan has 4 bedrooms, 3 bathrooms, and an open and inviting floor plan that's perfect for hosting parties and entertaining. There's also a spacious loft upstairs, making a game room or playroom, or anything else you can imagine. This home comes with stainless steel Whirlpool appliances and our smart home features (let me tell you more about them!). Ask about our current incentives. Come on over and see for yourself why the San Juan floor plan in Vista Grande is the perfect home for you! $484,490 Active

1652 Maggie Court NE Rio Rancho, New Mexico

4 Beds 3 Baths 2,452 SqFt 0.24 Acres

Welcome to the Gabrielle by D.R. Horton! This incredible floorplan boasts 4 bedrooms, 2 bathrooms, and an open and inviting floor plan that's perfect for hosting gatherings and entertaining. It comes with stainless steel Whirlpool appliances and our smart home features (let me tell you more!). Ask me about our current incentives! Come see for yourself why the Gabrielle in Vista grande is the perfect home for you! $437,490 Active

1673 Maggie Court NE Rio Rancho, New Mexico

4 Beds 2 Baths 1,791 SqFt 0.16 Acres

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Corrales

Corrales, NM, is a beautiful rural village on the Rio Grande River’s west bank just north of Albuquerque. The village works hard to maintain its rural setting, and its population is 8,530. Corrales is one of New Mexico’s best small towns to live in. Many of the homes sit on 1-acre lots or more. Many residents love to live organically and have horses, chickens, and other farm animals.

In addition, it is common to see people riding horses on the ditch banks. Corrales also hosts a farmer’s market that sells fresh, local food and homemade goods.

If you visit, check out Wagners Farms when roasting green Chile (Roasting green Chile is one of the best smells around!) You will also want to dine at Hannah & Nates for some excellent breakfast fare!

Corrales Real Estate Market Report

In July 2024 (TTM), the average home price in Corrales was $766,566, and the average home price per square foot was $285.

In July 2024 (TTM), the median home price in Corrales was $689,000, and the median home price per square foot was $286.

For the TTM July 2024, the most expensive home sold in Corrales is $1,900,000.

Welcome to the coveted Corrales Greenbelt. This magnificent property offers a beautifully designed main house with three bedrooms, 3 bathrooms, plus an office or flex room. Chef's will delight in the well appointed kitchen with a Wolf gas range, double ovens, farmhouse sink, stunning range hood and large island. Experience ultimate relaxation by your private lap pool or entertain in the stunning outdoor living space with a cozy fireplace. The casita adds an extra touch of sophistication and charm. Featuring two bathrooms, 1 bedroom and an office for versatile living. This unique residence has been thoughtfully transformed into a stunning home blending rustic charm with modern comfort. The picturesque setting, offers an idyllic retreat for those who are ready for true Corrales living. $1,600,000 Active

107 Rome Lane Corrales, New Mexico

4 Beds 5 Baths 4,761 SqFt 1.67 Acres

Discover timeless elegance and unmatched versatility in this exceptional Corrales estate, perfectly situated on a lush, irrigated lot with Pre-1907 water rights and stunning Sandia Mountain views. This 5BD/4BA home includes a sunlit front sitting room, spacious living areas, and a 2BD/2BA attached, private casita with kitchenette and sitting area. The oversized garage features radiant heat, A/C, and a bathroom, offering both function and flexibility year-round. The green belt grounds are equally impressive, with a large covered patio, irrigated grass field, raised garden beds and ample space for endless possibilities. With agricultural/residential zoning, this Corrales gem offers privacy, flexibility, and timeless New Mexico charm. $1,599,900 Active

6469 Corrales Road Corrales, New Mexico

5 Beds 5 Baths 3,403 SqFt 1.87 Acres

Join us in exploring this beautiful home in the green belt of Corrales. Greeting you with a stunning four bedroom home sitting on two beautiful tree covered acres. This home serves you with an inviting floor plan, peaceful ambiance, and short proximity to schools and restaurants. Conveniently located outside of the city to give you the great feeling of the country, while being minutes away from Paseo Del Norte, Coors, and the interstate. Inviting, warm and charming are just a few words that describe this home. With two stunning acres and a floor plan ready for your unique personalization, perfect for solidarity seekers, custom designers, investors, builders and anything in between. If you need more than two acres, check out the beautiful lot next door at 12 Huff Rd. $650,000 Active

20 Huff Road Corrales, New Mexico

4 Beds 2 Baths 1,947 SqFt 2 Acres

Open Sun May 4 from 2 to 4 pm. Panoramic Sandia Mtn view, enjoy city lights, starry skies, sunsets, Balloon Fiesta too! In treasured farming and artistic Village of Corrales, famous for the fall Harvest Festival and other fun activities!  ''Diamond in the Rough'' polish it up to its original southwestern style shine for instant equity. Open floorplan - kitchen and living room share that sweet mtn view, spacious family room with wet bar, primary separated from other beds for privacy, east facing patio for outdoor cooking, dining and living.  Unfinished flex space for art or workout studio.  Safe and quiet street. Big acre lot for gardening, RV storage, or expansion.  New well pump & storage tank 3/2025, Septic replaced 4 years ago.  Just over 2 miles to Cottonwood Mall and Bosque Trails. $595,000 Active

360 Reclining Acres Road Corrales, New Mexico

3 Beds 3 Baths 2,684 SqFt 1 Acres

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Ruidoso – A Place To Explore

Ruidoso is an excellent place in the cool pines of the Sierra Blanca Mountain Range in southern New Mexico. It sits at 6,920 feet above sea level, and the population of Rio Rancho is 7,769. Ruidoso is one of New Mexico’s best small towns to live in. If you love a quiet community with many outdoor activities, Ruidoso may be for you. Both Alto and Grindstone lakes are stocked with rainbow trout for year-round fishing.

Enjoy hiking and wildlife sightings, as the lakes are home to elk, black bears, osprey, and bald eagles.  Nearby, Lincoln National Forrest offers hiking and waterfalls.  Ski Apache is located about 16 miles from Ruidoso and offers snow skiing and mountain biking in the summer.

Ruidoso Downs and Casino is known for Quarter Horse racing and the All-American Futurity.  The All-American Futurity is held on Labor Day and is the richest horse race in North America for 2-year-old horses of any breed.  Billy, The Kid Casino, is also at the race track with slot machine action. Inn Of The Mountain Gods is next to Mescalero Lake, which has beautiful scenery, a golf course, restaurants, and casino gambling. Ruidoso is stunning and a hidden gem in southern New Mexico.

Update on Ruidoso

The 2024 Ruidoso wildfires, the South Fork Fire, and the Salt Fire burned over 1,400 Lincoln County, New Mexico structures, including at least 500 homes. The fires began on June 17, 2024, and burned over 30 square miles, displacing about 8,000 people. The monsoon rains also caused flooding on the burn-scarred soil, destroying 200 homes.

Farmington

Farmington is a city in San Juan County in Northwestern New Mexico. It is known for its abundance of entertainment and things to do. Whether you’re looking to explore the Aztec Museum, hop through the city’s local breweries, or spend time at the De-Na-Zin Wilderness Area, the city has no shortage of appealing options.

Farmington is a very livable city with an average rent price of just $718 per month and a median household income per household of just below $50,000. To top it off, it enjoys some of the best weather in the state!  The population of Farmington is 46,422

Artesia

Artesia is one of the most beautiful cities in New Mexico. It is situated in Eddy County in Southeast New Mexico. It is sometimes called “the city of champions,” which may not be much of an exaggeration. The city boasts championship-quality unemployment numbers that are well below the national average. The population of Artesia is 12,458.

Additionally, their public schools have a 12 – 1 student-to-teacher ratio and boast a superb cost of living. Regarding the cost of living, when looking at the worldwide price of living index, Artesia scores in the low 80s. However, most cities in the United States hover around 100.

Santa Fe – Home Of Artistic Heritage

Santa Fe, located just north and east of the Albuquerque metro area, deserves mention on our list of the best places to live in New Mexico. It hosts some of the state’s most spectacular festivals, architecture, and culture. Santa Fe should be near the top of your list if you’re a history buff or a socialite asking where to live in New Mexico.

In addition, Santa Fe boasts a high quality of life. Despite its scale, it still manages a relatively high average household income of over $50,000. It also boasts excellent commute times of under 20 minutes on average. However, housing costs can be high here compared to the rest of the state. For purchase, the average home price is over $550,000. In addition, rental property is also above the state’s average.

Santa Fe is New Mexico’s capital and has a population of 88,193, making it the fourth-largest city in the state.

Los Lunas

Los Lunas is becoming a great small town in New Mexico due to its healthy economy and new job opportunities.  Located just under 35 miles south of Albuquerque, the population of Los Lunas is 17,861 (2021 US Census) people with a rural feel, yet only a 20-minute drive from the bustling metropolis of Albuquerque.

The current economic boom and all the new jobs Los Lunas offers make it an excellent choice for anyone looking to move to New Mexico. Los Lunas is worth considering if you’re looking for good job availability and a healthy economy.  A key attraction Los Lunas has to offer is its robust economy, full of job availability and healthy growth. Los Lunas stands out among the best places to live in New Mexico due to its lifestyle options and excellent economic prospects.

Facebook has completed four buildings in its data center and hired many employees. The 750-acre facility is expected to be completed by October 2024. Projections are to hire 400 full-time employees and have 3.8 million square feet over eight buildings.

Los Lunas, New Mexico, is set to receive a significant economic boost with Manna Capital’s commitment and investment of more than $2 billion in constructing an aluminum can sheet rolling mill and recycling center. This ambitious project is estimated to create about 950 high-paying jobs.

Congratulations to Los Lunas for a great job of creating tremendous economic growth for its residents.

Los Lunas Real Estate Market Report

Los Lunas offers affordable housing with lower costs than  Albuquerque.

In July 2024 (TTM), the average home price in Los Lunas was $321,773, and the average home price per square foot was $189.

In July 2024 (TTM), the median home price in Los Lunas was $306,815, and the median home price per square foot was $194.

For the TTM July 2024, the most expensive home sold in Los Lunas is $1,180,000.

Welcome to your dream home! This brand-new, custom-built offers a blend of modern luxury and serene countryside living. Nestled on a generous 1.5-acre lot, this stunning 4-bedroom, 3-bathroom residence spans a little over 2,700 square feet of Beautifully designed living space, perfect for families seeking comfort and elegance. Situated in a tranquil yet convenient location, you'll enjoy the perfect balance of rural charm and accessibility to local amenities, schools, shopping, and dining. Don't miss the opportunity to make this home yours. Schedule your private showing TODAY $610,000 Active

1688 Sichler Road Los Lunas, New Mexico

4 Beds 3 Baths 2,746 SqFt 1.5 Acres

Real Estate Contract  is an option! Very Desirable location of Desert Sky. Close to freeway access for easy commuting and shopping. This beautiful two story home has all the custom features, Upgraded cabinets, Granite counter tops and beautiful Tile work, Gas Log Fireplace, Great views and Main Bedroom is downstairs. Back Yard Fully landscaped with extended covered concrete patio and professionally installed artificial Turf. Home is built on a guaranteed post tension slab with a 10 year foundation warranty!  **REC is an option! $375,000 Active

970 Firewheel Loop SW Los Lunas, New Mexico

3 Beds 3 Baths 1,861 SqFt 0.1 Acres

Extremely well kept home in desirable neighborhood with convenient access to I-25. This 4 Bedroom, 3 Bath home + Plus 3 car garage, Will check all the boxes! Large walk-in closets, Over sized upstairs Loft, 2+ living areas, is a MUST SEE! Includes a New Heating/Cooling unit, Newer Roof, Solar included and  SOLAR is PAID OFF! Newly remodeled Main Bathroom & Downstairs Shower, Cozy  Gas fireplace, Vivant Alarm & Camera system, Outdoor entertaining at its finest! Large covered Backyard patio runs width of home and was hand layed with brick pavers. Tranquil Water Fountain Feature, Totally Landscaped and has been professionally maintained.  Drip irrigation system, Blooming Rose Bushes, Newly installed Grates on Gutter  System, This Home has everything you are looking for! $369,900 Active

1080 Capitan Street NW Los Lunas, New Mexico

4 Beds 3 Baths 3,071 SqFt 0.09 Acres

Wonderful 2 acre property with 1907 irrigation rights. This 1 story home features 2x6 construction and a nice open floor plan with 4 bedrooms & 3 bathrooms. Owner has made some nice updates including newer flooring, as well as newer kitchen sink, faucet & appliances. Pellet stove heats the entire home comfortably and efficiently. Steel out building is 30x40, or 1200 sq feet and can fit all your toys or up to 6 vehicles. Other improvements include landscaping, new Well accumulator, cooler replaced in 2023, window AC unit as well. Horse facilities include two .25 acre paddocks with shades riding area & pipe corrals. Zoning is appropriate for livestock. Come see this beautiful home in the country today. $495,000 Active

185 La Entrada Road Los Lunas, New Mexico

4 Beds 3 Baths 2,431 SqFt 2 Acres

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Wrapping Up Some Great Places to Live in NM

New Mexico is a melting pot of cultural and natural environments. Knowing what you’re looking for and your budget can help you determine which of the best places to live in New Mexico is right for you.

If you’re looking for significant action and a low cost of living, check out cities like Albuquerque or Rio Rancho. For a different vibe, try Los Alamos or Artesia.

No matter what city you go with, brace yourself. New Mexico is a state unlike any other in the country. Upon entering it, you risk getting swept off your feet and having your heart stolen by its incredible beauty.

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About Author

John Myers

John Myers began his real estate career in 2010 and is a top-performing real estate agent. He holds prestigious designations and certifications, including Certified Residential Specialist (CRS), Seller Representative Specialist Designation (SRS), Accredited Buyer’s Representative Designation (ABR), Pricing Strategy Adviser Certification (PSA), Real Estate Investing Certification, Luxury Home Certification (LHC), Short Sale and Foreclosure Resource Certification (SFR), Certified Distressed Property Expert Designation (CDPE), and Certified Investor Agent Specialist Designation (CIAS). These designations & certifications demonstrate his expertise in representing buyers, sellers, and real estate investors.

He also holds a Master’s in Finance from Webster University and a Bachelor of Science in Electrical Engineering from New Mexico State University.

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Posted in: Albuquerque NM, Corrales NM, Featured Posts, Home Buyer Tips, Home Buyers, Home Sellers, Rio Rancho NM Tagged: 2022, best place to live, Best Place to Live New Mexico, Best Place to Live NM, Best Places to Live, Best Places to Live 2022, Best Places to Live in New Mexico, Best Places to Live in New Mexico 2022, Best Places to Live New Mexico, Best Places to Live NM, Live in Albuquerque, Live in Artesia, Live in Corrales, Live in Farmington, Live in Los Alamos, Live in Rio Rancho, Live in Ruidoso, Live in Santa Fe

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