
Home Price Key
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 $198,625, lower than the New Mexico average of $199,923.
The average cost of rent is $966/mo in Alamogordo, primarily driven by the current value of real estate in the Alamogordo area. While nearly 46.90% of residents own their homes outright in Alamogordo, 32.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alamogordo is $4,457 per month. Households that rent pay about 21.68% of their income on rent here. Alamogordo's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
- Key West, FL: higher priced homes
- Okeechobee, FL: less expensive homes
- Arnold, MO: equally priced homes
- Severn, MD: higher priced homes
- Greenville, TX: less expensive homes
- Oakville, MO: higher priced homes
- Irmo, SC: equally priced homes
- Enterprise, AL: less expensive homes
- North Bay Village, FL: higher priced homes
- Elizabeth City, NC: equally priced homes
All Local Stats
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