Total monthly cost of ownership
Cost to Own a Home in Church Rock, New Mexico
A $37,000 home here costs
$490per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $190. The real number is $300 higher every month — 158% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Church Rock against McKinley County and New Mexico
| Measure | Church Rock | McKinley County |
|---|---|---|
| Median home value | $36,500 | $72,100 |
| Median property tax | — | $1,362 |
| Effective tax rate | 1.889% | 1.889% |
| Median gross rent | $788 | $810 |
| Population | 1,413 | 71,172 |
The weather behind that power bill
Church Rock sits in McKinley County, which averages a high of 88.8°F in its hottest month and a low of 13.9°F in its coldest, with 10.7" of precipitation a year and 45% of it in a single three-month stretch. That climate drives 475 cooling and 6,105 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for McKinley County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in McKinley County
Full McKinley County cost breakdown · Every county in New Mexico
Common questions
How much does it cost to own a home in Church Rock?
A $37,000 home in Church Rock, New Mexico costs approximately $490 per month with 20% down at 6.66%. That is $190 principal and interest, $58 property tax, $16 homeowners insurance, $195 utilities and $31 set aside for maintenance.
What is the property tax rate in Church Rock?
Place-level tax data is not published for Church Rock, so the McKinley County rate of 1.889% applies here.
What is the average home price in Church Rock?
The median owner-occupied home value in Church Rock, New Mexico is $36,500, against $72,100 across McKinley County.
Is it cheaper to rent or buy in Church Rock?
Median gross rent in Church Rock is $788 a month, against $490 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Church Rock — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New Mexico.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.