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City · 8,951 residents · Cibola County, New Mexico

Grants , New Mexico

In Grants, a typical home is worth $136,500 and typical rent is $783 a month. Compared with all of Cibola County, the typical home value is 9% higher, typical household income is 7% lower, and the share of households that own their home is 17 points lower.

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  • Typical home value

    $136,500

    9% above the county

    45% below New Mexico

    • Grants
    • Cibola
    • New Mexico

  • Typical rent

    $783a month

    3% above the county

    27% below New Mexico

    • Grants
    • Cibola
    • New Mexico

  • Typical household income

    $47,183a year

    7% below the county

    26% below New Mexico

    • Grants
    • Cibola
    • New Mexico

  • Households that own their home

    60%

    17 points below the county

    10 points below New Mexico

    • Grants
    • Cibola
    • New Mexico

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$160,355
8.2% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Grants is in Cibola County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cibola County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Grants apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Zuni Pueblo, the typical home value is $81,700: 40% less than in Grants ($136,500).

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Grants rose 8.2%; in New Mexico, it rose 1.7%.

  3. 60% of households in Grants own their home, against 76% in Cibola County.

  4. Grants has the 3rd largest share of rent-burdened renters of the 37 cities in New Mexico with more than 5,000 people (61%).

  5. 11% of households in Grants have no internet at home (19% in Cibola County).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Grants

What homes there are in Grants, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Grants (56%), but less so than in Cibola County (65%).

Year built

The typical home in Grants was built in 1974, 4 years before the typical one in Cibola County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $541,287, at least 99% of owner-occupied homes in Grants sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,237 a month

Cibola County: $1,264 a month

Without a mortgage

$418 a month

Cibola County: $308 a month

Owners with a mortgage

46%

Cibola County: 36%

In Grants, 46% of owners have a mortgage; their typical cost is $1,237 a month, about the same as in Cibola County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Grants rose 34% since 2015–2019, less than in Cibola County (49%).

Rent in Grants moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGrantsCibola CountyNew MexicoUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.9%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.0%0.9%
More than one person per room Unreliable estimate4.3%3.3%3.4%
People per household 2.822.982.482.53
Drive alone 69%72%74%69%
Carpool Unreliable estimate9%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home 12%13%12%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate10 to 19 minutes10 to 19 minutes20 to 29 minutes

Households in Grants are smaller: 2.82 people on average; in Cibola County, 2.98.

To get to work, 69% of workers in Grants drive alone; in Cibola County, 72%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Grants?

A typical home is tight for the typical income

We start with a typical home in Grants, worth $136,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Grants, which is $47,183 a year. For that payment to be 28% of income, a household would need to earn about $47,788 a year.

The calculator's FHA and conventional loan limits are those of all of Cibola County.

Your numbers

Local data
$

Starts at the typical home value in Grants. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,778 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,115

at 7.18% · 30 years

Loan amount
$134,027
Total interest
$192,834
Paid off in
November 2056

Includes $2,305 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,101 a month

  • Tight

    $1,101 to $1,415 a month

    Your payment · 28%

  • Hard

    more than $1,415 a month

Compared with the typical household income in Grants ($47,183 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,115
Principal & interest$908
Property tax$90
Home insurance$57
FHA mortgage insurance (MIP)$60

You need at least $4,778 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Grants and Cibola County

Grants is in Cibola County, New Mexico. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Grants's own numbers

Typical home value
$136,500
Typical monthly rent
$783
Typical yearly household income
$47,183
Households that own their home
60%
Effective property tax rate
0.79%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cibola County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,022
Price change over 5 years (FHFA)
+55%
Homes in a high flood-risk zone
7.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cibola County.

Everything about Cibola County

Buying

Buying a home in Grants

A typical home in Grants is worth $136,500: 9% above the county and 45% below New Mexico. With the typical household income in Grants ($47,183 a year), a typical home costs 2.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Grants 2.9 years
  • Cibola 2.5 years
  • New Mexico 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Cibola County

According to FHFA’s house price index, home prices in Cibola County rose 57% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Cibola County.

Period County New Mexico U.S.
Last year (2025) +14.3% +3.1% +2.9%
5 years (2020–2025) +55% +50% +47%
10 years (2015–2025) +57% +82% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Grants next to Cibola County, New Mexico and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Grants $136,500
  • Cibola $125,400
  • New Mexico $248,100
  • United States $332,700
Typical monthly rent
  • Grants $783
  • Cibola $759
  • New Mexico $1,067
  • United States $1,413
Typical yearly household income
  • Grants $47,183
  • Cibola $50,759
  • New Mexico $64,059
  • United States $80,734
See the full table
Grants next to Cibola County and New Mexico
Measure Grants Cibola County New Mexico U.S.
Typical home value $136,500 $125,400 $248,100 $332,700
Typical monthly rent $783 $759 $1,067 $1,413
Typical yearly household income $47,183 $50,759 $64,059 $80,734
Households that own their home 60% 76% 70% 65%
Typical yearly property tax $1,081 $1,003 $1,731 $3,119
Effective property tax rate 0.79% 0.8% 0.7% 0.94%
Renters with high rent for their income 61% 55% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cibola County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Grants

For a typical $136,500 home in Grants, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Grants's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,115a month

    Least cash to close
    Down payment
    $4,778
    Cash to close
    $8,873
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $60

  • Conventional, 5% down $1,090a month

    Down payment
    $6,825
    Cash to close
    $10,920
    Rate
    7.18%
    Mortgage insurance
    PMI · $65

  • Conventional, 20% down, no PMI $886a month

    Down payment
    $27,300
    Cash to close
    $31,395
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,013a month

    Down payment
    $20,475
    Cash to close
    $24,570
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Grants and for Cibola County.

Property tax

Effective rate in Grants

0.79%of the home’s value each year

$1,081 a year for the typical owner in Grants.

  • Grants 0.79%
  • Cibola 0.8%
  • New Mexico 0.7%

What New Mexico publishes 3 percent cap on the yearly increase in your home's taxable value (New Mexico Legislative Finance Committee ("Property Taxes in New Mexico" brief))

Exemptions and deadlines in New Mexico

Flood risk in Cibola County

FEMA does not publish these numbers by city: they are for all of Cibola County.

Homes in the high-risk zone
7.9%
828
Of those, with NFIP insurance
7.1%
County New Mexico U.S.
Homes in the high-risk zone 7.9% 5.7% 3.5%
Of those, with NFIP insurance 7.1% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Grants

Typical rent in Grants is $783 a month: 3% above the county. In Grants, 61% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Cibola County, by unit size. To pay the 2-bedroom one ($1,022 a month) without spending more than 30% of your income, you would need to earn $19.65 an hour working full time.

HUD fair market rent for all of Cibola County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $813 $15.63 $32,520
1 bedroom $852 $16.38 $34,080
2 bedrooms $1,022 $19.65 $40,880
3 bedrooms $1,218 $23.42 $48,720
4 bedrooms $1,343 $25.83 $53,720

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Grants

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Grants is in ZIP code 87020.

For 2 bedrooms it is $1,040: $18 more than the fair market rent for Cibola County ($1,022).

  • 87020 $1,040$1,240

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Grants when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Grants

HUD lists 6 buildings with rents for lower incomes in Grants. These are the largest.

  • Vista Mesa Villa 1121 Mount Taylor Ave, Grants 87020 100 low-income homes · For families (505) 287-3191
  • Lobo Canyon Apts 1801 Cordova Ct, Grants 87020 80 low-income homes
  • Grants Apartments 1703 Cordova Ct, Grants 87020 49 low-income homes · For families (505) 287-4973
  • Casa del Malpais 840 Lobo Canyon Rd, Grants 87020 24 homes, 23 low-income · For older adults (505) 287-5492
  • Grants 800 Washington Ave, Grants 87020 20 low-income homes · Run by Northern Regional Housing Authority · Homes at several sites (505) 425-9463

See all 6 buildings in Cibola County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Grants

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Cibola County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair to help a teenage girl with her book.

HUD counseling is free or low-cost

Assistance programs in Grants

No down payment, repair or rent-help program on our list is for Grants or Cibola County. The ones below are statewide in New Mexico: they work in Grants the same as in the rest of the state.

Which programs do I qualify for? All programs in New Mexico

  • FirstDown

    Statewide in New Mexico

    New Mexico state agency fixed-rate second mortgage for the down payment and closing costs of first-time buyers, together with the FirstHome mortgage. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Repayable

    See the program Official page

  • HomeNow

    Statewide in New Mexico

    New Mexico state agency fixed $7,000 second mortgage for the down payment and closing costs of low-income first-time buyers; no monthly payments and forgivable after 10 years. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Forgivable

    See the program Official page

  • FirstDown Plus

    Statewide in New Mexico

    New Mexico state agency fixed $10,000 third loan at 0%, for the down payment only, added to FirstDown or HomeNow; repaid in monthly installments over 15 years. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Repayable

    See the program Official page

Housing counselors near Grants

The HUD-approved agencies closest to the center of Grants, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Tiwa Lending Services

    117A Tribal Road 40, Isleta · 67 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (505) 916-0556

  • Homewise, Inc.

    500 2nd St. SW, Albuquerque · 67 miles away · Spanish

    Also serves in American Sign Language (ASL).

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    (505) 243-6566

  • Southwest Neighborhood Housing Services, Inc.

    6301 4th St NW Ste 5, Los Ranchos · 67 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (505) 243-5511

All counseling agencies in New Mexico

Help in Spanish near Grants

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Grants

HUD lists no housing authority with an office in Cibola County. One in a neighboring county or the state’s may serve the area.

All housing agencies in New Mexico Source: HUD

Cities

Nearby cities

The cities closest to Grants, with the typical home value.

Everything about Cibola County Housing in New Mexico

Neighboring counties

If Cibola County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Grants.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Grants

Short answers with the numbers for Grants and all of Cibola County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Grants?

The typical home value in Grants is $136,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cibola County it is $125,400.

How much does it cost to rent in Grants?

Typical rent in Grants is $783 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cibola County is $1,022.

What is the FHA loan limit in Grants?

Grants uses the FHA limit for all of Cibola County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Grants?

The typical homeowner in Grants pays $1,081 a year, according to the U.S. Census Bureau. That is 0.79% of the home’s value; in Cibola County, the rate is 0.8%.

Where can I find free help to buy or rent in Grants?

We found no HUD-approved counseling agencies with an office in Cibola County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).