Penasco, NM Real Estate

According to census data in the year 2000 there were 282 housing units in Penasco. This represents a 0.7% growth from 280 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 282 were located in what is classified as a rural area.

Homeownership rate in Penasco is about 74.3%. Penasco's vacancy rate, including seasonal lodging, is about 18.4%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Penasco were built after 1975.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom12.80%
Two Bedrooms32.30%
Three Bedrooms38.30%
Four Bedrooms11%
Five Bedrooms or more3.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1975
Median Value of occupied units$99,500

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1981
Median Monthly Rent asked for vacant units$350

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage14%
Debt Free86%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.2%