Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Barranca area can be challenging. Home prices in Barranca are now at a median cost of $275,735, higher than the New Mexico average of $199,923.
The average cost of rent is $667/mo in Barranca, primarily driven by the current value of real estate in the Barranca area. While nearly 57.71% of residents own their homes outright in Barranca, 10.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Barranca is $2,832 per month. Households that rent pay about 23.55% of their income on rent here. Barranca's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Abiquiu, NM: equally priced homes
- Canones, NM: equally priced homes
- Las Placitas, NM: less expensive homes
- Medanales, NM: less expensive homes
- El Rito, NM: less expensive homes
- Youngsville, NM: less expensive homes
- Chili, NM: less expensive homes
- Ojo Caliente, NM: less expensive homes
- Estaca, NM: less expensive homes
- Coyote, NM: less expensive homes
Cities with Similar Populations
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- Farrandsville, PA: less expensive homes
- Fence, WI: less expensive homes
- Fisherville, RI: higher priced homes
- Fly, TN: less expensive homes
- Roseneath, NC: less expensive homes
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