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Affordable
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These days, finding an affordable place to live in the Capitan area can be challenging. Home prices in Capitan are now at a median cost of $206,101, lower than the New Mexico average of $265,486.
The average cost of rent is $968/mo in Capitan, primarily driven by the current value of real estate in the Capitan area. In Capitan, 12.98% of households rent, and 68.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Capitan is $4,289 per month. Households that rent pay about 22.57% of their income on rent here. Capitan’s most expensive areas are in the southern 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
- Fort Stanton, NM: higher priced homes
- Nogal, NM: higher priced homes
- Alto, NM: higher priced homes
- Sierra Vista, NM: higher priced homes
- Lincoln, NM: higher priced homes
- San Patricio, NM: higher priced homes
- Carrizozo, NM: less expensive homes
- Oscura, NM: less expensive homes
- Tinnie, NM: higher priced homes
- Mountain View, NM: equally priced homes
Cities with Similar Populations
- Boyne Falls, MI: higher priced homes
- White Oak, NC: less expensive homes
- Glyndon, MN: higher priced homes
- Three Lakes, WI: higher priced homes
- Wausaukee, WI: less expensive homes
- Charlotte Court House, VA: less expensive homes
- Minonk, IL: less expensive homes
- McGraw, NY: less expensive homes
- New Richland, MN: equally priced homes
- Wright, WY: higher priced homes
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