Local
Learn about the people, housing, costs and businesses in Cobre, New Mexico
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Cobre.
True all-in cost — P&I, taxes, insurance & utilities for homes in Cobre.
Find and compare lenders active near Cobre.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Cobre.
Seismic risk and earthquake insurance estimates for Cobre.
Wildfire exposure and insurance estimates for Cobre.
As of today, the 30-year fixed mortgage rate for Cobre is approximately 6.995% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for CobreThe median home value in Cobre is $151k. The median monthly rent is $716. Annual property taxes average $693. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Cobre have increased 21.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $486/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cobre is $35k/year.
Calculate your buying powerThe largest employment sectors in Cobre are public administration (22%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.