Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bernalillo area can be challenging. Home prices in Bernalillo are now at a median cost of $220,506, higher than the New Mexico average of $199,923.
The average cost of rent is $995/mo in Bernalillo, primarily driven by the current value of real estate in the Bernalillo area. While nearly 52.18% of residents own their homes outright in Bernalillo, 18.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bernalillo is $5,993 per month. Households that rent pay about 16.60% of their income on rent here. Bernalillo's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- El Llanito, NM: higher priced homes
- Ranchitos, NM: higher priced homes
- Placitas, NM: higher priced homes
- Corrales, NM: higher priced homes
- Rio Rancho, NM: equally priced homes
- Algodones, NM: higher priced homes
- San Felipe Pueblo, NM: higher priced homes
- Domingo, NM: higher priced homes
- Cerrillos, NM: higher priced homes
- Madrid, NM: higher priced homes
Cities with Similar Populations
- Pella, IA: equally priced homes
- Nokomis, FL: higher priced homes
- Northport, NY: higher priced homes
- Oakland, NJ: higher priced homes
- Ocean City, NJ: higher priced homes
- Oneonta, AL: less expensive homes
- Oxford, MA: higher priced homes
- Pacific, MO: higher priced homes
- Palmer Town, MA: less expensive homes
- Palos Verdes Estates, CA: higher priced homes
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