The Most Affordable Neighborhoods in Amistad, NM by Home Value

 

Amistad, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Amistad area can be challenging. Home prices in Amistad are now at a median cost of $277,216, higher than the New Mexico average of $199,923.

The average cost of rent is $483/mo in Amistad, primarily driven by the current value of real estate in the Amistad area. While nearly 86.22% of residents own their homes outright in Amistad, 25.61% rent.

Housing affordability isn’t just about home prices, though. The average household income in Amistad is $3,164 per month. Households that rent pay about 15.27% of their income on rent here. Amistad's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.


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