City · 47,638 residents · Chaves County, New Mexico
Roswell, New Mexico
In Roswell, a typical home is worth $152,600 and typical rent is $876 a month. Home values, rent and income are very close to those of all of Chaves County.
Typical home value from Zillow, September 2021 to September 2026: from $173,179 to $175,148.
Typical rent
$1,263a month
▲ 7.7% more than 12 months ago
Typical rent from Zillow, June 2022 to September 2026: from $1,053 to $1,263.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Roswell is in Chaves 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 Chaves County. See the county
What homes there are in Roswell, 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 houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Roswell
Chaves County
New Mexico
United States
Kind of home: Roswell and its comparisons
Measure
Roswell
Chaves County
New Mexico
United States
Detached house
75%
72%
65%
61%
Attached house
2%
2%
4%
6%
Building of 2 to 4
8%
7%
6%
8%
Apartments (5 or more)
8%
6%
10%
19%
Mobile home
6%
13%
16%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house rules in Roswell: 75% of homes, more than in Chaves County (72%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Roswell
Chaves County
New Mexico
United States
Year built: Roswell and its comparisons
Measure
Roswell
Chaves County
New Mexico
United States
Before 1960
39%
34%
17%
26%
1960–1979
31%
30%
26%
24%
1980–1999
20%
23%
32%
25%
2000–2009
5%
7%
16%
14%
2010 or later
5%
6%
10%
11%
Homes in Roswell are older: the typical year built is 1968; in Chaves County, 1972.
There are fewer big homes in Roswell than in Chaves County: 64% have 3 bedrooms or more, against 67%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K27%
$100K–$200K37%
$200K–$300K21%
$300K–$500K13%
$500K–$750K2%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Roswell and its comparisons
Measure
Roswell
Under $100K
27%
$100K–$200K
37%
$200K–$300K
21%
$300K–$500K
13%
$500K–$750K
2%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
About 98% of owner-occupied homes in Roswell are worth less than the FHA loan limit for Chaves County ($541,287).
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50015%
$500–$99947%
$1,000–$1,49926%
HUD fair market rent, 2 bedrooms: $1,091
$1,500–$1,9998%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Roswell and its comparisons
Measure
Roswell
Under $500
15%
$500–$999
47%
$1,000–$1,499
26%
$1,500–$1,999
8%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
By rent, most homes in Roswell cost less than HUD's 2-bedroom fair market rent ($1,091): about 67%.
With a mortgage
$1,313 a month
Chaves County: $1,345 a month
Without a mortgage
$440 a month
Chaves County: $435 a month
Owners with a mortgage
47%
Chaves County: 43%
Owning costs about the same in Roswell as in Chaves County: with a mortgage, $1,313 a month; without one, $440.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Roswell+45%
Chaves County+44%
New Mexico+45%
United States+53%
Typical rent
Roswell+13%
Chaves County+13%
New Mexico+26%
United States+33%
Typical household income
Roswell+19%
Chaves County+22%
New Mexico+29%
United States+29%
Change since 2015–2019: Roswell and its comparisons
Measure
Roswell
Chaves County
New Mexico
United States
Typical home value
+45%
+44%
+45%
+53%
Typical rent
+13%
+13%
+26%
+33%
Typical household income
+19%
+22%
+29%
+29%
The typical home value in Roswell rose 45% since 2015–2019, about the same as in Chaves County (44%).
The typical rent in Roswell rose 13% since 2015–2019, about the same as in Chaves County (13%).
The typical household income in Roswell rose 19% over that time; home values changed +45% and rent +13%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Roswell and its comparisons
Measure
Roswell
Chaves County
New Mexico
United States
Rental vacancy
Unreliable estimate
6.4%
5.9%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.0%
0.9%
More than one person per room
2.4%
2.4%
3.3%
3.4%
People per household
2.59
2.61
2.48
2.53
Drive alone
82%
82%
74%
69%
Carpool
10%
9%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
2%
2%
2%
3%
Work from home
5%
5%
12%
15%
Other means
2%
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
More than one person per room: that is how 2.4% of households in Roswell live, near the figure in Chaves County (2.4%).
A household in Roswell has 2.59 people on average, about the same as in Chaves County (2.61).
The car rules in Roswell: 82% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Roswell?
A typical home is tight for the typical income
We start with a typical home in Roswell, worth $152,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Roswell, which is $51,583 a year. For that payment to be 28% of income, a household would need to earn about $52,662 a year.
The calculator's FHA and conventional loan limits are those of all of Chaves County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Roswell. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,341 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,229
at 7.18% · 30 years
Loan amount
$149,836
Total interest
$215,579
Paid off in
November 2056
Includes $2,577 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,204 a month
Tight
$1,204 to $1,547 a month
Your payment · 29%
Hard
more than $1,547 a month
Compared with the typical household income in Roswell ($51,583 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,015
Property tax
$83
Home insurance
$64
FHA mortgage insurance (MIP)
$67
You need at least $5,341 for the down payment, plus closing costs.
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.
Total monthly payment $1,229; principal and interest $1,015.
The city and its county
Roswell and Chaves County
Roswell is in Chaves 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).
Roswell
Map of Chaves County, New Mexico, with Roswell marked. Around it, the neighboring counties.
Roswell
Chaves County
Other cities with a page
Roswell's own numbers
Typical home value
$152,600
Typical monthly rent
$876
Typical yearly household income
$51,583
Households that own their home
69%
Effective property tax rate
0.65%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Chaves County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,091
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
4.4%
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 Chaves County.
A typical home in Roswell is worth $152,600: 2% below the county and 38% below New Mexico. With the typical household income in Roswell ($51,583 a year), a typical home costs 3.0 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.
Roswell3.0 years
Chaves3.0 years
New Mexico3.9 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Chaves County
According to FHFA’s house price index, home prices in Chaves County rose 63% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Chaves County.
Yearly change in FHFA’s price index in Chaves County, 2016 to 2025
2016: +2.9% +2.9% 2016
2017: +1.1% +1.1% 2017
2018: +2.1% +2.1% 2018
2019: +4.0% +4.0% 2019
2020: +8.9% +8.9% 2020
2021: +7.9% +7.9% 2021
2022: +11.3% +11.3% 2022
2023: +2.0% +2.0% 2023
2024: +6.9% +6.9% 2024
2025: +3.5% +3.5% 2025
Change in FHFA’s price index in Chaves County, New Mexico and the United States
Period
County
New Mexico
U.S.
Last year (2025)
+3.5%
+3.1%
+2.9%
5 years (2020–2025)
+36%
+50%
+47%
10 years (2015–2025)
+63%
+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
Roswell next to Chaves 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
Roswell$152,600
Chaves$156,400
New Mexico$248,100
United States$332,700
Typical monthly rent
Roswell$876
Chaves$867
New Mexico$1,067
United States$1,413
Typical yearly household income
Roswell$51,583
Chaves$52,938
New Mexico$64,059
United States$80,734
See the full table
Roswell next to Chaves County and New Mexico
Measure
Roswell
Chaves County
New Mexico
U.S.
Typical home value
$152,600 ▼2% below the county
$156,400
$248,100
$332,700
Typical monthly rent
$876
$867
$1,067
$1,413
Typical yearly household income
$51,583 ▼3% below the county
$52,938
$64,059
$80,734
Households that own their home
69% ▼3 points below the county
71%
70%
65%
Typical yearly property tax
$995 ▲6% above the county
$935
$1,731
$3,119
Effective property tax rate
0.65% ▲0.05 points above the county
0.6%
0.7%
0.94%
Renters with high rent for their income
50% ▲2 points above the county
48%
50%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Chaves 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 Roswell
For a typical $152,600 home in Roswell, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Roswell's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,229a month
Least cash to close
Down payment
$5,341
Cash to close
$9,919
Rate
7.18%
Mortgage insurance
FHA MIP · $67
Conventional, 5% down$1,201a month
Down payment
$7,630
Cash to close
$12,208
Rate
7.18%
Mortgage insurance
PMI · $72
Conventional, 20% down, no PMI$973a month
Down payment
$30,520
Cash to close
$35,098
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,114a month
Down payment
$22,890
Cash to close
$27,468
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Roswell
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,229
$5,341
$149,836
7.18%
FHA MIP · $67
$9,919
580
Conventional, 5% down
$1,201
$7,630
$144,970
7.18%
PMI · $72
$12,208
620*
Conventional, 20% down, no PMI
$973
$30,520
$122,080
7.18%
None
$35,098
620*
ITIN, 15% down (example)
$1,114
$22,890
$129,710
8.18%
None
$27,468
Set by the lender
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.
Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Roswell and for Chaves County.
Property tax
Effective rate in Roswell
0.65%of the home’s value each year
$995 a year for the typical owner in Roswell.
Roswell0.65%
Chaves0.6%
New Mexico0.7%
What New Mexico publishes3 percent cap on the yearly increase in your home's taxable value (New Mexico Legislative Finance Committee ("Property Taxes in New Mexico" brief))
Typical rent in Roswell is $876 a month: about the same as the county. In Roswell, 50% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Chaves County, by unit size. To pay the 2-bedroom one ($1,091 a month) without spending more than 30% of your income, you would need to earn $20.98 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Chaves County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$868
$16.69
$34,720
1 bedroom
$892
$17.15
$35,680
2 bedrooms
$1,091
$20.98
$43,640
3 bedrooms
$1,476
$28.38
$59,040
4 bedrooms
$1,624
$31.23
$64,960
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 Roswell
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Roswell has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,020 in 88203 to $1,210 in 88201.
1 of the 2 is above the fair market rent for Chaves County ($1,091).
Fair market rent by ZIP code and size in Roswell, fiscal year 2027.
88201
$960
$990
$1,210
$1,640
$1,800
88203
$810
$830
$1,020
$1,380
$1,520
ZIP code2 bd3 bd
88201 $1,210$1,640
88203 $1,020$1,380
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Roswell 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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 Chaves County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Roswell or Chaves County. The ones below are statewide in New Mexico: they work in Roswell the same as in the rest of the state.
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).
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).
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).
No legal help resource on our list is for Roswell or Chaves County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Roswell and all of Chaves 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 Roswell?
The typical home value in Roswell is $152,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Chaves County it is $156,400.
How much does it cost to rent in Roswell?
Typical rent in Roswell is $876 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Chaves County is $1,091.
What is the FHA loan limit in Roswell?
Roswell uses the FHA limit for all of Chaves 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 Roswell?
The typical homeowner in Roswell pays $995 a year, according to the U.S. Census Bureau. That is 0.65% of the home’s value; in Chaves County, the rate is 0.6%.
Where can I find free help to buy or rent in Roswell?
We found no HUD-approved counseling agencies with an office in Chaves County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
