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City · 7,610 residents · San Juan County, New Mexico

Shiprock , New Mexico

In Shiprock, a typical home is worth $104,400 and typical rent is $694 a month. Compared with all of San Juan County, the typical home value is 46% lower, typical household income is 36% lower, and the share of households that own their home is 22 points lower.

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  • Typical home value

    $104,400

    46% below the county

    58% below New Mexico

    • Shiprock
    • San Juan
    • New Mexico

  • Typical rent

    $694a month

    27% below the county

    35% below New Mexico

    • Shiprock
    • San Juan
    • New Mexico

  • Typical household income

    $35,900a year

    36% below the county

    44% below New Mexico

    • Shiprock
    • San Juan
    • New Mexico

  • Households that own their home

    49%

    22 points below the county

    21 points below New Mexico

    • Shiprock
    • San Juan
    • New Mexico

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

Shiprock is in San Juan 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 San Juan County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Shiprock apart

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

  1. Shiprock has the 2nd lowest homeownership rate of the 46 cities in New Mexico with more than 5,000 people (49%).

  2. The typical home in Shiprock is worth $104,400, 46% less than in San Juan County as a whole ($193,800).

  3. The typical household income in Shiprock is $35,900, 36% less than in San Juan County as a whole ($55,872).

  4. The typical rent in Shiprock is $694 a month, 27% less than in San Juan County as a whole ($956).

  5. Nearby, in Zuni Pueblo, the typical home value is $81,700: 22% less than in Shiprock ($104,400).

  6. Shiprock has the 3rd smallest share of rent-burdened renters of the 37 cities in New Mexico with more than 5,000 people (34%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Shiprock

What homes there are in Shiprock, 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 Shiprock (53%), but less so than in San Juan County (57%).

Year built

In Shiprock, half of the homes were built before 1988; in San Juan County, before 1986.

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
Monthly rent with utilities

About 81% of rented homes in Shiprock cost less than HUD's 2-bedroom fair market rent for San Juan County ($1,116).

With a mortgage

$1,068 a month

San Juan County: $1,499 a month

Without a mortgage

$349 a month

San Juan County: $453 a month

Owners with a mortgage

19%

San Juan County: 44%

Owning costs less in Shiprock: with a mortgage, the typical cost is $1,068 a month; in San Juan County, $1,499. Without one, $349.

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

From 2015–2019 to 2020–2024, home values in Shiprock rose at about the same pace as in San Juan County: 26% against 28%.

The typical rent in Shiprock rose 33% over the same time; in San Juan County, it rose 17%.

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

MeasureShiprockSan Juan CountyNew MexicoUnited States
Rental vacancy Unreliable estimate5.4%5.9%5.5%
Homeowner vacancy Unreliable estimate1.8%1.0%0.9%
More than one person per room 12.8%5.8%3.3%3.4%
People per household 3.292.862.482.53
Drive alone 81%83%74%69%
Carpool 7%7%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home Unreliable estimate6%12%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimateUnreliable estimate10 to 19 minutes20 to 29 minutes

In Shiprock, 12.8% of households live with more than one person per room, against 5.8% in San Juan County.

On average, a household in Shiprock has 3.29 people, more than in San Juan County (2.86).

To get to work, 81% of workers in Shiprock drive alone; in San Juan County, 83%.

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 Shiprock?

A typical home is within reach of the typical income

We start with a typical home in Shiprock, worth $104,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 26% of the typical household income in Shiprock, which is $35,900 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Shiprock. 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 $3,654 (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

$843

at 7.18% · 30 years

Loan amount
$102,509
Total interest
$147,486
Paid off in
November 2056

Includes $1,763 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $838 a month

  • Tight

    $838 to $1,077 a month

    Your payment · 28%

  • Hard

    more than $1,077 a month

Compared with the typical household income in Shiprock ($35,900 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$843
Principal & interest$694
Property tax$59
Home insurance$44
FHA mortgage insurance (MIP)$46

You need at least $3,654 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

Shiprock and San Juan County

Shiprock is in San Juan 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).

Shiprock's own numbers

Typical home value
$104,400
Typical monthly rent
$694
Typical yearly household income
$35,900
Households that own their home
49%

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

Numbers for all of San Juan County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,116
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
3.2%

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 San Juan County.

Everything about San Juan County

Buying

Buying a home in Shiprock

A typical home in Shiprock is worth $104,400: 46% below the county and 58% below New Mexico. With the typical household income in Shiprock ($35,900 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.

  • Shiprock 2.9 years
  • San Juan 3.5 years
  • New Mexico 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in San Juan County

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

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

Period County New Mexico U.S.
Last year (2025) +6.2% +3.1% +2.9%
5 years (2020–2025) +51% +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

Shiprock next to San Juan 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
  • Shiprock $104,400
  • San Juan $193,800
  • New Mexico $248,100
  • United States $332,700
Typical monthly rent
  • Shiprock $694
  • San Juan $956
  • New Mexico $1,067
  • United States $1,413
Typical yearly household income
  • Shiprock $35,900
  • San Juan $55,872
  • New Mexico $64,059
  • United States $80,734
See the full table
Shiprock next to San Juan County and New Mexico
Measure Shiprock San Juan County New Mexico U.S.
Typical home value $104,400 $193,800 $248,100 $332,700
Typical monthly rent $694 $956 $1,067 $1,413
Typical yearly household income $35,900 $55,872 $64,059 $80,734
Households that own their home 49% 71% 70% 65%
Renters with high rent for their income 34% 42% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below San Juan 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 Shiprock

For a typical $104,400 home in Shiprock, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, an example home insurance and mortgage insurance when it applies. It leaves out property tax because the Census Bureau doesn't publish Shiprock's rate.

  • FHA, 3.5% down $784a month

    Least cash to close
    Down payment
    $3,654
    Cash to close
    $6,786
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $46

  • Conventional, 5% down $765a month

    Down payment
    $5,220
    Cash to close
    $8,352
    Rate
    7.18%
    Mortgage insurance
    PMI · $50

  • Conventional, 20% down, no PMI $609a month

    Down payment
    $20,880
    Cash to close
    $24,012
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $706a month

    Down payment
    $15,660
    Cash to close
    $18,792
    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 Shiprock and for San Juan County.

Property tax

Data not available for this place

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 San Juan County

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

Homes in the high-risk zone
3.2%
1,466
Of those, with NFIP insurance
6.2%
County New Mexico U.S.
Homes in the high-risk zone 3.2% 5.7% 3.5%
Of those, with NFIP insurance 6.2% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Shiprock

Typical rent in Shiprock is $694 a month: 27% below the county. In Shiprock, 34% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of San Juan County, by unit size. To pay the 2-bedroom one ($1,116 a month) without spending more than 30% of your income, you would need to earn $21.46 an hour working full time.

HUD fair market rent for all of San Juan 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 $850 $16.35 $34,000
1 bedroom $855 $16.44 $34,200
2 bedrooms $1,116 $21.46 $44,640
3 bedrooms $1,545 $29.71 $61,800
4 bedrooms $1,673 $32.17 $66,920

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 Shiprock

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Shiprock is in ZIP code 87420.

For 2 bedrooms it is $1,010: $106 less than the fair market rent for San Juan County ($1,116).

  • 87420 $1,010$1,410

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Shiprock 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 Shiprock

HUD lists one building with rents for lower incomes in Shiprock.

  • South Shiprock Houses Highway 491 and Schoolhouse Rd., Shiprock 87420 252 low-income homes · For families (505) 368-4426

See all 15 buildings in San Juan County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Shiprock

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 San Juan County. The nearest ones are below; many serve by phone or online.

An older man and his daughter go over papers with a professional.

HUD counseling is free or low-cost

Assistance programs in Shiprock

No down payment, repair or rent-help program on our list is for Shiprock or San Juan County. The ones below are statewide in New Mexico: they work in Shiprock 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 Shiprock

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

  • Southwest Neighborhood Housing Services, Inc.

    6301 4th St NW Ste 5, Los Ranchos · 161 miles away

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

  • Homewise, Inc.

    500 2nd St. SW, Albuquerque · 164 miles away · Spanish

    Also serves in American Sign Language (ASL).

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

  • United South Broadway Corporation

    1500 Walter St SE, Albuquerque · 165 miles away

    • Mortgage delinquency and default
    (505) 764-8867

All counseling agencies in New Mexico

Help in Spanish near Shiprock

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 Shiprock

HUD’s record names them for Shiprock or San Juan County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the County of San Juan Section 8 vouchers (505) 334-4545

All housing agencies in New Mexico Source: HUD

Cities

Other cities in San Juan County

These cities are also in San Juan County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about San Juan County Housing in New Mexico

Nearby cities

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

Neighboring counties

If San Juan 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 Shiprock.

All guides
A family walks a boardwalk trail in the forest; one of them uses a wheelchair.

Questions

Housing questions about Shiprock

Short answers with the numbers for Shiprock and all of San Juan 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 Shiprock?

The typical home value in Shiprock is $104,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in San Juan County it is $193,800.

How much does it cost to rent in Shiprock?

Typical rent in Shiprock is $694 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in San Juan County is $1,116.

What is the FHA loan limit in Shiprock?

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

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

We found no HUD-approved counseling agencies with an office in San Juan 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).