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City · 6,458 residents · Taos County, New Mexico

Taos , New Mexico

In Taos, a typical home is worth $445,900 and typical rent is $883 a month. Compared with all of Taos County, typical household income is 20% lower, the typical home value is 16% higher, and the share of households that own their home is 18 points lower.

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  • Typical home value

    $445,900

    16% above the county

    80% above New Mexico

    • Taos
    • County
    • New Mexico

  • Typical rent

    $883a month

    15% below the county

    17% below New Mexico

    • Taos
    • County
    • New Mexico

  • Typical household income

    $47,304a year

    20% below the county

    26% below New Mexico

    • Taos
    • County
    • New Mexico

  • Households that own their home

    59%

    18 points below the county

    11 points below New Mexico

    • Taos
    • County
    • New Mexico

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

Market now, with Zillow data

Zillow data
Typical home value
$425,471
1.3% less than 12 months ago

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

Taos is in Taos 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 Taos County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Taos apart

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

  1. Nearby, in Las Vegas, the typical home value is $155,300: 65% less than in Taos ($445,900).

  2. 59% of households in Taos own their home, against 78% in Taos County.

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Taos fell 1.3%; in New Mexico, it rose 1.7%.

  4. The typical household income in Taos is $47,304, 20% less than in Taos County as a whole ($58,950).

  5. The typical home in Taos is worth $445,900, 16% more than in Taos County as a whole ($382,800).

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

The homes here

Housing in Taos

What homes there are in Taos, 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

The detached house is still the most common home in Taos, but it weighs less than in Taos County: 55% against 69%.

Year built

Homes in Taos are older: the typical year built is 1980; in Taos County, 1985.

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

HUD's 2-bedroom fair market rent (FMR) for Taos County is $1,292; about 71% of rents in Taos are below it.

With a mortgage

$1,770 a month

Taos County: $1,701 a month

Without a mortgage

$483 a month

Taos County: $456 a month

Owners with a mortgage

54%

Taos County: 37%

In Taos, 54% of owners have a mortgage; their typical cost is $1,770 a month, about the same as in Taos 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

Since 2015–2019, homes in Taos gained value faster than in Taos County: 71% against 60%.

The typical rent in Taos stayed about the same over that time: the difference is within the Census margin of error.

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

MeasureTaosTaos CountyNew MexicoUnited States
Rental vacancy 12.1%13.0%5.9%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.0%0.9%
More than one person per room Unreliable estimateUnreliable estimate3.3%3.4%
People per household 1.982.202.482.53
Drive alone 68%64%74%69%
Carpool Unreliable estimate13%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home 15%20%12%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimateUnreliable estimate10 to 19 minutes20 to 29 minutes

In Taos, the rental vacancy rate is 12.1%, about the same as in Taos County.

Fewer people live in each home here: 1.98 on average, against 2.20 in Taos County.

In Taos, 68% of workers drive alone to work; in Taos County, 64%.

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 Taos?

A typical home costs more than the typical income allows

We start with a typical home in Taos, worth $445,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 88% of the typical household income in Taos, which is $47,304 a year. For that payment to be 28% of income, a household would need to earn about $149,261 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Taos. 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 $15,607 (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

$3,483

at 7.18% · 30 years

Loan amount
$437,823
Total interest
$629,925
Paid off in
November 2056

Includes $7,530 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,104 a month

  • Tight

    $1,104 to $1,419 a month

  • Hard

    more than $1,419 a month

    Your payment · 88%

Compared with the typical household income in Taos ($47,304 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,483
Principal & interest$2,966
Property tax$134
Home insurance$186
FHA mortgage insurance (MIP)$197

You need at least $15,607 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

Taos and Taos County

Taos is in Taos 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).

Taos's own numbers

Typical home value
$445,900
Typical monthly rent
$883
Typical yearly household income
$47,304
Households that own their home
59%
Effective property tax rate
0.36%

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

Numbers for all of Taos County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,292
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
4.7%

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 Taos County.

Everything about Taos County

Buying

Buying a home in Taos

A typical home in Taos is worth $445,900: 16% above the county and 80% above New Mexico. With the typical household income in Taos ($47,304 a year), a typical home costs 9.4 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.

  • Taos 9.4 years
  • County 6.5 years
  • New Mexico 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Taos County

According to FHFA’s house price index, home prices in Taos County rose 88% in the 10 years through 2025.

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

Period County New Mexico U.S.
Last year (2025) +0.1% +3.1% +2.9%
5 years (2020–2025) +54% +50% +47%
10 years (2015–2025) +88% +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

Taos next to Taos 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
  • Taos $445,900
  • County $382,800
  • New Mexico $248,100
  • United States $332,700
Typical monthly rent
  • Taos $883
  • County $1,034
  • New Mexico $1,067
  • United States $1,413
Typical yearly household income
  • Taos $47,304
  • County $58,950
  • New Mexico $64,059
  • United States $80,734
See the full table
Taos next to Taos County and New Mexico
Measure Taos Taos County New Mexico U.S.
Typical home value $445,900 $382,800 $248,100 $332,700
Typical monthly rent $883 $1,034 $1,067 $1,413
Typical yearly household income $47,304 $58,950 $64,059 $80,734
Households that own their home 59% 78% 70% 65%
Typical yearly property tax $1,600 $1,129 $1,731 $3,119
Effective property tax rate 0.36% 0.29% 0.7% 0.94%
Renters with high rent for their income 48% 56% 50% 51%

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

For a typical $445,900 home in Taos, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Taos's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,483a month

    Least cash to close
    Down payment
    $15,607
    Cash to close
    $28,984
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $197

  • Conventional, 5% down $3,401a month

    Down payment
    $22,295
    Cash to close
    $35,672
    Rate
    7.18%
    Mortgage insurance
    PMI · $212

  • Conventional, 20% down, no PMI $2,736a month

    Down payment
    $89,180
    Cash to close
    $102,557
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,148a month

    Down payment
    $66,885
    Cash to close
    $80,262
    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 Taos and for Taos County.

Property tax

Effective rate in Taos

0.36%of the home’s value each year

$1,600 a year for the typical owner in Taos.

  • Taos 0.36%
  • County 0.29%
  • 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 Taos County

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

Homes in the high-risk zone
4.7%
770
Of those, with NFIP insurance
7.8%
County New Mexico U.S.
Homes in the high-risk zone 4.7% 5.7% 3.5%
Of those, with NFIP insurance 7.8% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Taos

Typical rent in Taos is $883 a month: 15% below the county. In Taos, 48% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Taos County, by unit size. To pay the 2-bedroom one ($1,292 a month) without spending more than 30% of your income, you would need to earn $24.85 an hour working full time.

HUD fair market rent for all of Taos 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 $900 $17.31 $36,000
1 bedroom $1,104 $21.23 $44,160
2 bedrooms $1,292 $24.85 $51,680
3 bedrooms $1,626 $31.27 $65,040
4 bedrooms $1,932 $37.15 $77,280

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 Taos

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Taos is in ZIP code 87571.

For 2 bedrooms it is $1,270: $22 less than the fair market rent for Taos County ($1,292).

  • 87571 $1,270$1,600

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

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

  • Taos County 301 Linda Vista Ln, Taos 87571 169 homes, 167 low-income · Run by Northern Regional Housing Authority · Average payment: $418 a month · Average wait: 14 months · Homes at several sites (505) 425-9463
  • El Cerrito Apts 250 Paseo Del Canon E, Taos 87571 60 homes, 56 low-income · 1 bd: 12 · 2 bd: 44 · 3 bd: 4 · In service since 2007 · For people experiencing homelessness
  • Loma Parda 1200 Camino De La Cruz, Taos 87571 60 homes, 44 low-income · 1 bd: 29 · 2 bd: 31 · In service since 2001
  • Tierra Montosa Apts 750 Gusdorf Rd, Taos 87571 44 low-income homes · 1 bd: 8 · 2 bd: 20 · 3 bd: 16 · In service since 1999
  • Bella Vista Apts 110 Otono Rd, Taos 87571 40 low-income homes

See all 7 buildings in Taos County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Taos

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

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Taos

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

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

  • Homewise, Inc.

    1301 Siler Rd, Santa Fe · 55 miles away · Spanish

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    (505) 983-9473

  • Southwest Neighborhood Housing Services, Inc.

    6301 4th St NW Ste 5, Los Ranchos · 104 miles away

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

  • Homewise, Inc.

    500 2nd St. SW, Albuquerque · 108 miles away · Spanish

    Also serves in American Sign Language (ASL).

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

All counseling agencies in New Mexico

Help in Spanish near Taos

2 of the 3 agencies on this list say they serve 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 Taos

In HUD’s record, no housing authority with an office in Taos County is named for Taos or Taos County.

One other authority has an office in Taos County: see the list Source: HUD

Cities

Nearby cities

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

Everything about Taos County Housing in New Mexico

Neighboring counties

If Taos 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 Taos.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Taos

Short answers with the numbers for Taos and all of Taos 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 Taos?

The typical home value in Taos is $445,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Taos County it is $382,800.

How much does it cost to rent in Taos?

Typical rent in Taos is $883 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Taos County is $1,292.

What is the FHA loan limit in Taos?

Taos uses the FHA limit for all of Taos 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 Taos?

The typical homeowner in Taos pays $1,600 a year, according to the U.S. Census Bureau. That is 0.36% of the home’s value; in Taos County, the rate is 0.29%.

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

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