Renting in Blanco: a two-bedroom costs about $1,020
Blanco is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
What stands out about housing in Blanco
Why Blanco isn’t graded
The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing.
Next door, Angustura grades B− for cost of living.
A two-bedroom rents for about $1,020
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Farmington, NM MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the New Mexico norm
The median bill is $1,718 (New Mexico: $1,731), 0.67% of a home’s value a year, against 0.70% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Blanco vs. its neighbors
Of the 1 towns here with a Zillow value, Blanco has the lowest. Angustura has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Blanco | – | $235K | $258K | 0.67% | $1,020 |
| Angustura | B− | — | $170K | 0.41% | $1,020 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents). “—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Blanco
How much is rent in Blanco?
HUD puts a two-bedroom at about $1,020 a month with utilities, the going rate for someone moving in.
What are property taxes in Blanco?
The median bill is $1,718 a year, 0.67% of the median home value (New Mexico: $1,731, 0.70%), from the Census 2020–24.
Why doesn’t Blanco have a cost of living grade?
Blanco is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Blanco buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.