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Grenville

Learn about the people, housing, costs and businesses in Grenville, New Mexico

Median Home$122,700
Median Rent$683/month
Population22
Leading IndustriesFinance & Insurance · Public Administration · Manufacturing9% finance & insurance
Retirees21% of residentsnear the national average
Homeowners75% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$123k median home · lower cost than 83% of the country
Grenville
NM

Frequently Asked Questions

What are today's mortgage rates in Grenville?

As of today, the 30-year fixed mortgage rate for Grenville is approximately 6.996% (7.036% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Grenville?

The median home value in Grenville is $123k. The median monthly rent is $683. Annual property taxes average $859. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Grenville?

Based on a typical all-in ownership cost of $687/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grenville is $47k/year.

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What industries drive the economy in Grenville?

The largest employment sectors in Grenville are public administration (31%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.