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These days, finding an affordable place to live in the Alamogordo area can be challenging. Home prices in Alamogordo are now at a median cost of $177,813, lower than the New Mexico average of $265,486.
The average cost of rent is $1,118/mo in Alamogordo, primarily driven by the current value of real estate in the Alamogordo area. In Alamogordo, 34.29% of households rent, and 49.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Alamogordo is $5,517 per month. Households that rent pay about 20.26% of their income on rent here. Alamogordo’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- La Luz, NM: less expensive homes
- High Rolls Mountain Park, NM: higher priced homes
- Holloman AFB, NM: equally priced homes
- Mountain Park, NM: higher priced homes
- Sunspot, NM: higher priced homes
- Cloudcroft, NM: higher priced homes
- Sacramento, NM: higher priced homes
- Mayhill, NM: higher priced homes
- Weed, NM: higher priced homes
- Salem, NM: less expensive homes
Cities with Similar Populations
- Key West, FL: higher priced homes
- Okeechobee, FL: higher priced homes
- Arnold, MO: higher priced homes
- Severn, MD: higher priced homes
- Greenville, TX: higher priced homes
- Oakville, MO: higher priced homes
- Irmo, SC: higher priced homes
- Enterprise, AL: higher priced homes
- North Bay Village, FL: higher priced homes
- Elizabeth City, NC: higher priced homes
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