Total monthly cost of ownership
Cost to Own a Home in Lordsburg, New Mexico
A $86,000 home here costs
$785per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $442. The real number is $343 higher every month — 78% 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.
Lordsburg against Hidalgo County and New Mexico
| Measure | Lordsburg | Hidalgo County |
|---|---|---|
| Median home value | $86,100 | $114,000 |
| Median property tax | $463 | $526 |
| Effective tax rate | 0.538% | 0.461% |
| Median gross rent | $803 | $803 |
| Population | 2,139 | 4,097 |
The weather behind that power bill
Lordsburg sits in Hidalgo County, which averages a high of 94.6°F in its hottest month and a low of 31.2°F in its coldest, with 10.35" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 1,794 cooling and 2,793 heating degree days, which is what sets the $127 electricity line above.
See the full climate breakdown for Hidalgo County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hidalgo County
No other places of this size are published in Hidalgo County.
Full Hidalgo County cost breakdown · Every county in New Mexico
Common questions
How much does it cost to own a home in Lordsburg?
A $86,000 home in Lordsburg, New Mexico costs approximately $785 per month with 20% down at 6.66%. That is $442 principal and interest, $39 property tax, $38 homeowners insurance, $195 utilities and $72 set aside for maintenance.
What is the property tax rate in Lordsburg?
Lordsburg has an effective property tax rate of 0.538%, based on a median home value of $86,100 and median real estate taxes of $463. That is higher than the Hidalgo County average of 0.461%.
What is the average home price in Lordsburg?
The median owner-occupied home value in Lordsburg, New Mexico is $86,100, against $114,000 across Hidalgo County.
Is it cheaper to rent or buy in Lordsburg?
Median gross rent in Lordsburg is $803 a month, against $785 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 Lordsburg — 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.