Renting in Logan: a two-bedroom costs about $1,340
Logan is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Only 1 sale in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The short version on homes in Logan
Prices are 20% below their 2023 peak
The typical Logan home peaked at $188K in May 2023 and is worth about $150K now. Across New Mexico, values are at or near their high. Over five years, Logan is down 9.3%. Price trend ↓
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Logan home runs about $830 a month with tax and insurance. A two-bedroom rents for about $1,340. The hurdle is getting in: the down payment, and a budget at the median income that falls short of the typical home. Can I afford it? ↓
A second-home town
44% of Logan’s homes are seasonal or vacation homes, empty for much of the year. Year-round rentals are scarce: there are 30 renter households. Property taxes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; incomes, rents paid, taxes and ownership come from the Census American Community Survey, which has wide margins in a place this size.
Why Logan 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 $1,340
Renters already here pay a median of $1,080, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Harding 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 $406 (New Mexico: $1,731), 0.34% 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+”.
Logan and its neighbors
One source per column.
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 |
|---|---|---|---|---|---|
| Logan | – | $150K | $119K | 0.34% | $1,340 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Logan
How much is rent in Logan?
HUD puts a two-bedroom at about $1,340 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,080 (Census 2020–24).
What are property taxes in Logan?
The median bill is $406 a year, 0.34% of the median home value (New Mexico: $1,731, 0.70%), from the Census 2020–24.
Why doesn’t Logan have a cost of living grade?
Logan is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Logan 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.