Total monthly cost of ownership
Cost to Own a Home in Santa Rosa, New Mexico
A $102,000 home here costs
$905per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $39,000 a year.
A standard mortgage calculator would have told you $556. The real number is $349 higher every month, 63% more than the payment most buyers budget for.
Compare Guadalupe County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Santa Rosa from a five-year rolling sample, and with about 2,447 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Guadalupe County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Santa Rosa against Guadalupe County and New Mexico
| Measure | Santa Rosa | Guadalupe County |
|---|---|---|
| Median home value | $101,800 | $107,200 |
| Median property tax | $520 | $563 |
| Effective tax rate | 0.511% | 0.525% |
| Median gross rent | $538 | $515 |
| Population | 2,447 | 4,379 |
The weather behind that power bill
Santa Rosa sits in Guadalupe County, which averages a high of 93.0°F in its hottest month and a low of 24.6°F in its coldest, with 15.01" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,278 cooling and 3,674 heating degree days, which is what sets the $108 electricity line above.
See the full climate breakdown for Guadalupe County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Guadalupe County
No other places of this size are published in Guadalupe County.
Full Guadalupe County cost breakdown · Every county in New Mexico
Talk to someone who works this market
These are Santa Rosa averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Santa Rosa every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Santa Rosa I already own here and may sell
Common questions
How much does it cost to own a home in Santa Rosa?
A $102,000 home in Santa Rosa, New Mexico costs approximately $905 per month with 20% down at 7.24%. That is $556 principal and interest, $43 property tax, $45 homeowners insurance, $176 utilities and $85 set aside for maintenance.
What is the property tax rate in Santa Rosa?
Santa Rosa has an effective property tax rate of 0.511%, based on a median home value of $101,800 and median real estate taxes of $520. That is lower than the Guadalupe County average of 0.525%.
What is the average home price in Santa Rosa?
The median owner-occupied home value in Santa Rosa, New Mexico is $101,800, against $107,200 across Guadalupe County.
Is it cheaper to rent or buy in Santa Rosa?
Median gross rent in Santa Rosa is $538 a month, against $905 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Santa Rosa?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Santa Rosa, New Mexico at today's rate takes a household income of roughly $39,000 a year. That covers the full $905 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Santa Rosa, 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.