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These days, finding an affordable place to live in the Canones area can be challenging. Home prices in Canones are now at a median cost of $316,057, higher than the New Mexico average of $265,486.
The average cost of rent is $740/mo in Canones, primarily driven by the current value of real estate in the Canones area. In Canones, 1.67% of households rent, and 78.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canones is $3,428 per month. Households that rent pay about 21.59% of their income on rent here. Canones’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Barranca, NM: higher priced homes
- Youngsville, NM: less expensive homes
- Abiquiu, NM: higher priced homes
- Coyote, NM: less expensive homes
- Medanales, NM: equally priced homes
- Las Placitas, NM: equally priced homes
- Chili, NM: equally priced homes
- El Duende, NM: less expensive homes
- Hernandez, NM: less expensive homes
- Gallina, NM: less expensive homes
Cities with Similar Populations
- Eden, MN: higher priced homes
- Crossroads, VA: less expensive homes
- Crown King, AZ: higher priced homes
- Deerton, MI: less expensive homes
- Delaware, MO: less expensive homes
- Sigsbee, MO: less expensive homes
- Sidnaw, MI: less expensive homes
- Shumans, PA: less expensive homes
- Shafer, WV: less expensive homes
- Echo, TX: less expensive homes
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