Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Bloomfield area can be challenging. Home prices in Bloomfield are now at a median cost of $178,577, lower than the New Mexico average of $265,486.
The average cost of rent is $1,026/mo in Bloomfield, primarily driven by the current value of real estate in the Bloomfield area. In Bloomfield, 25.12% of households rent, and 60.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bloomfield is $4,477 per month. Households that rent pay about 22.92% of their income on rent here. Bloomfield’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lee Acres, NM: less expensive homes
- Blanco, NM: equally priced homes
- Tinian, NM: less expensive homes
- DeSmet, NM: higher priced homes
- Farmington, NM: higher priced homes
- Turley, NM: higher priced homes
- Napi Headquarters, NM: less expensive homes
- Kirtland, NM: equally priced homes
- Fruitland, NM: less expensive homes
- Waterflow, NM: less expensive homes
Cities with Similar Populations
- Clinton, CT: higher priced homes
- Wellington, CO: higher priced homes
- Weigelstown, PA: higher priced homes
- Berwyn, PA: higher priced homes
- Boonville, IN: higher priced homes
- Bradford, PA: less expensive homes
- Brecksville, OH: higher priced homes
- Bremen, GA: higher priced homes
- Sunbury, OH: higher priced homes
- Cherryville, NC: higher priced homes
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