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Affordable
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These days, finding an affordable place to live in the Arroyo Seco area can be challenging. Home prices in Arroyo Seco are now at a median cost of $574,441, higher than the New Mexico average of $265,486.
The average cost of rent is $1,547/mo in Arroyo Seco, primarily driven by the current value of real estate in the Arroyo Seco area. In Arroyo Seco, 23.63% of households rent, and 72.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arroyo Seco is $5,682 per month. Households that rent pay about 27.22% of their income on rent here. Arroyo Seco’s most expensive areas are in the southern 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
- Valdez, NM: equally priced homes
- Taos Pueblo, NM: less expensive homes
- El Prado, NM: less expensive homes
- Arroyo Hondo, NM: less expensive homes
- San Cristobal, NM: less expensive homes
- Taos Ski Valley, NM: less expensive homes
- Eagle Nest, NM: less expensive homes
- Tres Piedras, NM: less expensive homes
- Petaca, NM: less expensive homes
- Las Tablas, NM: less expensive homes
Cities with Similar Populations
- Potts Camp, MS: less expensive homes
- Elizabeth, WV: less expensive homes
- Hopewell, OH: less expensive homes
- Sanders, AZ: less expensive homes
- Quaker City, OH: less expensive homes
- Sea Isle City, NJ: higher priced homes
- Dilkon, AZ: less expensive homes
- Colma, CA: higher priced homes
- Stevinson, CA: less expensive homes
- Van Horn, TX: less expensive homes
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