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These days, finding an affordable place to live in the Canoncito area can be challenging. Home prices in Canoncito are now at a median cost of $295,087, higher than the New Mexico average of $265,486.
The average cost of rent is $943/mo in Canoncito, primarily driven by the current value of real estate in the Canoncito area. In Canoncito, 15.25% of households rent, and 70.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canoncito is $5,595 per month. Households that rent pay about 16.85% of their income on rent here. Canoncito’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ojo Sarco, NM: higher priced homes
- Dixon, NM: higher priced homes
- Chamisal, NM: less expensive homes
- Rinconada, NM: higher priced homes
- Embudo, NM: equally priced homes
- Picuris Pueblo, NM: less expensive homes
- Penasco, NM: less expensive homes
- El Valle, NM: less expensive homes
- Llano, NM: less expensive homes
- Rodarte, NM: less expensive homes
Cities with Similar Populations
- Islesford, ME: higher priced homes
- Selden, VA: higher priced homes
- Selbyville, WV: less expensive homes
- Scott, MS: less expensive homes
- Schley, MN: less expensive homes
- Scenic, SD: less expensive homes
- Scarce Grease, AL: less expensive homes
- Johnstown, WI: higher priced homes
- Jewell, OR: higher priced homes
- Jaketown, MS: less expensive homes
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