Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Algodones area can be challenging. Home prices in Algodones are now at a median cost of $247,994, higher than the New Mexico average of $199,923.
The average cost of rent is $640/mo in Algodones, primarily driven by the current value of real estate in the Algodones area. While nearly 72.82% of residents own their homes outright in Algodones, 30.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Algodones is $3,421 per month. Households that rent pay about 18.71% of their income on rent here. Algodones's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- San Felipe Pueblo, NM: higher priced homes
- El Llanito, NM: higher priced homes
- Placitas, NM: higher priced homes
- Domingo, NM: higher priced homes
- Santo Domingo Pueblo, NM: less expensive homes
- Bernalillo, NM: less expensive homes
- Sile, NM: less expensive homes
- Pena Blanca, NM: less expensive homes
- Ranchitos, NM: higher priced homes
- Cerrillos, NM: equally priced homes
Cities with Similar Populations
- Albion, IL: less expensive homes
- Breckenridge, MI: less expensive homes
- Hadley, NY: less expensive homes
- Lake View, SC: less expensive homes
- Hickory Corners, MI: higher priced homes
- Junction City, OH: less expensive homes
- Lyndhurst, VA: less expensive homes
- Manhattan, IN: less expensive homes
- Meigs, GA: less expensive homes
- Molena, GA: less expensive homes
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