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Affordable
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These days, finding an affordable place to live in the Artesia area can be challenging. Home prices in Artesia are now at a median cost of $253,694, lower than the New Mexico average of $265,486.
The average cost of rent is $1,271/mo in Artesia, primarily driven by the current value of real estate in the Artesia area. In Artesia, 29.44% of households rent, and 46.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Artesia is $6,577 per month. Households that rent pay about 19.33% of their income on rent here. Artesia’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Atoka, NM: less expensive homes
- Riverside, NM: equally priced homes
- Lake Arthur, NM: less expensive homes
- Hope, NM: less expensive homes
- Loco Hills, NM: less expensive homes
- Maljamar, NM: less expensive homes
- Caprock, NM: less expensive homes
- Weed, NM: higher priced homes
- Lovington, NM: less expensive homes
- Mayhill, NM: higher priced homes
Cities with Similar Populations
- Townsend, DE: higher priced homes
- El Campo, TX: less expensive homes
- Spring Branch, TX: higher priced homes
- El Reno, OK: less expensive homes
- Browns Mills, NJ: less expensive homes
- Stella Rincon, PR: less expensive homes
- Swampscott, MA: higher priced homes
- Swansea, IL: less expensive homes
- Boulder City, NV: higher priced homes
- Burnsville, NC: equally priced homes
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