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Rodeo

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

Median Home$158,500
Median Rent$773/month
Population112
Leading IndustryRetail18% of local workforce
Young Adults32% of residentsabove average nationally
Homeowners97% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$159k median home · lower cost than 70% of the country
Rodeo
NM

Frequently Asked Questions

What are today's mortgage rates in Rodeo?

As of today, the 30-year fixed mortgage rate for Rodeo is approximately 6.999% (7.039% 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 Rodeo
What is the median home price in Rodeo?

The median home value in Rodeo is $159k. The median monthly rent is $773. Annual property taxes average $565. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $534/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rodeo is $69k/year.

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What industries drive the economy in Rodeo?

The largest employment sectors in Rodeo are public administration (21%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.