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City · 5,160 residents · Quay County, New Mexico

Tucumcari , New Mexico

In Tucumcari, a typical home is worth $64,100 and typical rent is $704 a month. Compared with all of Quay County, the typical home value is 26% lower and typical household income is 24% lower.

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  • Typical home value

    $64,100

    26% below the county

    74% below New Mexico

    • Tucumcari
    • Quay
    • New Mexico

  • Typical rent

    $704a month

    About the same as the county

    34% below New Mexico

    • Tucumcari
    • Quay
    • New Mexico

  • Typical household income

    $31,844a year

    24% below the county

    50% below New Mexico

    • Tucumcari
    • Quay
    • New Mexico

  • Households that own their home

    69%

    3 points below the county

    1 points below New Mexico

    • Tucumcari
    • Quay
    • New Mexico

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

Market now, with Zillow data

Zillow data
Typical home value
$78,711
2.4% less than 12 months ago

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

Tucumcari is in Quay 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 Quay County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Tucumcari apart

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

  1. Tucumcari has the lowest typical household income of the 46 cities in New Mexico with more than 5,000 people: $31,844.

  2. Tucumcari has the lowest typical home value of the 46 cities in New Mexico with more than 5,000 people: $64,100.

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Tucumcari fell 2.4%; in New Mexico, it rose 1.7%.

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

The homes here

Housing in Tucumcari

What homes there are in Tucumcari, 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, standing on their own, make up 76% of homes here, against 67% in Quay County.

Year built

In Tucumcari, half of the homes were built before 1960; in Quay County, before 1966.

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

With a mortgage

$868 a month

Quay County: $943 a month

Without a mortgage

$380 a month

Quay County: $421 a month

Owners with a mortgage

43%

Quay County: 37%

The typical cost for an owner with a mortgage in Tucumcari is $868 a month, less than in Quay County ($943); without one, $380.

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, the typical home value in Tucumcari rose 23%.

The typical rent in Tucumcari 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

MeasureTucumcariQuay 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 estimateUnreliable estimate3.3%3.4%
People per household 1.871.932.482.53
Drive alone 84%80%74%69%
Carpool 9%7%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home Unreliable estimate6%12%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute under 10 minutesunder 10 minutes10 to 19 minutes20 to 29 minutes

Much as in Quay County, a household in Tucumcari has 1.87 people on average.

In Tucumcari, 84% of workers drive alone to work; in Quay County, 80%.

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 Tucumcari?

A typical home is within reach of the typical income

We start with a typical home in Tucumcari, worth $64,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 20% of the typical household income in Tucumcari, which is $31,844 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Tucumcari. 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 $2,244 (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

$523

at 7.18% · 30 years

Loan amount
$62,938
Total interest
$90,554
Paid off in
November 2056

Includes $1,082 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $743 a month

    Your payment · 20%

  • Tight

    $743 to $955 a month

  • Hard

    more than $955 a month

Compared with the typical household income in Tucumcari ($31,844 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$523
Principal & interest$426
Property tax$42
Home insurance$27
FHA mortgage insurance (MIP)$28

You need at least $2,244 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

Tucumcari and Quay County

Tucumcari is in Quay 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).

Tucumcari's own numbers

Typical home value
$64,100
Typical monthly rent
$704
Typical yearly household income
$31,844
Households that own their home
69%
Effective property tax rate
0.78%

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

Numbers for all of Quay County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,019

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 Quay County.

Everything about Quay County

Buying

Buying a home in Tucumcari

A typical home in Tucumcari is worth $64,100: 26% below the county and 74% below New Mexico. With the typical household income in Tucumcari ($31,844 a year), a typical home costs 2.0 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.

  • Tucumcari 2.0 years
  • Quay 2.1 years
  • New Mexico 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Quay County

FHFA publishes no annual price index in Quay County. That usually happens when there are too few sales to measure it.

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

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

Tucumcari next to Quay 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
  • Tucumcari $64,100
  • Quay $87,200
  • New Mexico $248,100
  • United States $332,700
Typical monthly rent
  • Tucumcari $704
  • Quay $712
  • New Mexico $1,067
  • United States $1,413
Typical yearly household income
  • Tucumcari $31,844
  • Quay $41,946
  • New Mexico $64,059
  • United States $80,734
See the full table
Tucumcari next to Quay County and New Mexico
Measure Tucumcari Quay County New Mexico U.S.
Typical home value $64,100 $87,200 $248,100 $332,700
Typical monthly rent $704 $712 $1,067 $1,413
Typical yearly household income $31,844 $41,946 $64,059 $80,734
Households that own their home 69% 72% 70% 65%
Typical yearly property tax $501 $532 $1,731 $3,119
Effective property tax rate 0.78% 0.61% 0.7% 0.94%

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

For a typical $64,100 home in Tucumcari, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Tucumcari's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $523a month

    Least cash to close
    Down payment
    $2,244
    Cash to close
    $4,167
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $28

  • Conventional, 5% down $511a month

    Down payment
    $3,205
    Cash to close
    $5,128
    Rate
    7.18%
    Mortgage insurance
    PMI · $30

  • Conventional, 20% down, no PMI $416a month

    Down payment
    $12,820
    Cash to close
    $14,743
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $475a month

    Down payment
    $9,615
    Cash to close
    $11,538
    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 Tucumcari and for Quay County.

Property tax

Effective rate in Tucumcari

0.78%of the home’s value each year

$501 a year for the typical owner in Tucumcari.

  • Tucumcari 0.78%
  • Quay 0.61%
  • 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 Quay County

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

FEMA’s maps count no homes in the high-risk zone in Quay County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Tucumcari

Typical rent in Tucumcari is $704 a month: about the same as the county.

HUD publishes a fair market rent for all of Quay County, by unit size. To pay the 2-bedroom one ($1,019 a month) without spending more than 30% of your income, you would need to earn $19.60 an hour working full time.

HUD fair market rent for all of Quay 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 $774 $14.88 $30,960
1 bedroom $779 $14.98 $31,160
2 bedrooms $1,019 $19.60 $40,760
3 bedrooms $1,323 $25.44 $52,920
4 bedrooms $1,598 $30.73 $63,920

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 Tucumcari

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Tucumcari is in ZIP code 88401.

For 2 bedrooms it is $1,010: $9 less than the fair market rent for Quay County ($1,019).

  • 88401 $1,010$1,330

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

HUD lists 3 buildings with rents for lower incomes in Tucumcari. These are the largest.

  • Tucumcari 810 E Center St, Tucumcari 88401 90 low-income homes · Run by Eastern Regional Housing Authority · Average payment: $279 a month · Average wait: 10 months · Homes at several sites (575) 622-0881
  • Quay Apartments 702 W Sunset Ave, Tucumcari 88401 63 low-income homes · For families (575) 461-3555
  • Monroe Manor 1713 S Monroe St, Tucumcari 88401 8 low-income homes · For people with disabilities (575) 769-8171

See all 3 buildings in Quay County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Tucumcari

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 Quay 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 Tucumcari

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

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

  • Homewise, Inc.

    1301 Siler Rd, Santa Fe · 133 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 · 166 miles away

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

  • United South Broadway Corporation

    1500 Walter St SE, Albuquerque · 166 miles away

    • Mortgage delinquency and default
    (505) 764-8867

All counseling agencies in New Mexico

Help in Spanish near Tucumcari

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 Tucumcari

HUD lists no housing authority with an office in Quay 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 Tucumcari, with the typical home value.

Everything about Quay County Housing in New Mexico

Neighboring counties

If Quay 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 Tucumcari.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Tucumcari

Short answers with the numbers for Tucumcari and all of Quay 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 Tucumcari?

The typical home value in Tucumcari is $64,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Quay County it is $87,200.

How much does it cost to rent in Tucumcari?

Typical rent in Tucumcari is $704 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Quay County is $1,019.

What is the FHA loan limit in Tucumcari?

Tucumcari uses the FHA limit for all of Quay 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 Tucumcari?

The typical homeowner in Tucumcari pays $501 a year, according to the U.S. Census Bureau. That is 0.78% of the home’s value; in Quay County, the rate is 0.61%.

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

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