Renting in Bluewater: a two-bedroom costs about $1,130
Bluewater is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Zillow and Redfin publish no market figures here. How TownRatings grades cost of living
What kind of housing town is Bluewater?
Read from the numbers below. The page puts what stands out first.
Why Bluewater 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.
A two-bedroom rents for about $1,130
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cibola County, NM): 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 $1,617 (New Mexico: $1,731), 0.48% 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+”.
Bluewater vs. its neighbors
Zillow publishes no value for Bluewater. Las Tusas has no Zillow value, so it is in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Bluewater | – | — | $338K | 0.48% | $1,130 |
| Las Tusas | – | — | $161K | 0.38% | $1,130 |
“—” 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 Bluewater
How much is rent in Bluewater?
HUD puts a two-bedroom at about $1,130 a month with utilities, the going rate for someone moving in.
What are property taxes in Bluewater?
The median bill is $1,617 a year, 0.48% of the median home value (New Mexico: $1,731, 0.70%), from the Census 2020–24.
Why doesn’t Bluewater have a cost of living grade?
Bluewater is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Bluewater buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. 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.