Gallup, NM Real Estate
Gallup is a city in McKinley County, New Mexico with a population of about 21,333. The median home value is near $134,600, and median rent runs around $858/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$134,600
Median Rent
$858/mo
Population
21,333
Median Income
$57,466
Median Age
34
Homeownership
49.4%
Monthly payment on a median Gallup home
Example for a $134,600 home: 20% down, 30-yr at ~6.75%, NM property tax ~0.67%, 0.4% insurance.
Est. monthly (PITI)
$818
Principal & interest
$698
Property tax / mo
$75
Down payment (20%)
$26,920
Gallup at a glance
- 12.5% of residents 25+ hold a bachelor's degree or higher.
- 49.4% of occupied homes are owner-occupied.
- Median household income is $57,466.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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