Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bayard area can be challenging. Home prices in Bayard are now at a median cost of $90,872, lower than the New Mexico average of $199,923.
The average cost of rent is $658/mo in Bayard, primarily driven by the current value of real estate in the Bayard area. While nearly 72.06% of residents own their homes outright in Bayard, 31.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bayard is $3,320 per month. Households that rent pay about 19.83% of their income on rent here. Bayard's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Santa Clara, NM: less expensive homes
- Vanadium, NM: equally priced homes
- Arenas Valley, NM: higher priced homes
- Hurley, NM: less expensive homes
- Hanover, NM: higher priced homes
- Silver City, NM: higher priced homes
- Pinos Altos, NM: higher priced homes
- Fort Bayard, NM: less expensive homes
- Tyrone, NM: higher priced homes
- Mimbres, NM: higher priced homes
Cities with Similar Populations
- Bagdad, AZ: less expensive homes
- Stanfordville, NY: higher priced homes
- Joseph, OR: higher priced homes
- Newburgh Heights, OH: less expensive homes
- North Beach Haven, NJ: higher priced homes
- North York, PA: higher priced homes
- Fairfield Bay, AR: higher priced homes
- Scio, OH: higher priced homes
- Sparrow Bush, NY: higher priced homes
- Union Mills, NC: higher priced homes
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