Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Casa Colorada area can be challenging. Home prices in Casa Colorada are now at a median cost of $87,200, lower than the New Mexico average of $265,486.
The average cost of rent is $1,028/mo in Casa Colorada, primarily driven by the current value of real estate in the Casa Colorada area. In Casa Colorada, 6.46% of households rent, and 71.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Casa Colorada is $3,819 per month. Households that rent pay about 26.92% of their income on rent here. Casa Colorada’s most expensive areas are in the central 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
- Veguita, NM: equally priced homes
- Jarales, NM: higher priced homes
- Bosque, NM: higher priced homes
- Sabinal, NM: higher priced homes
- Belen, NM: higher priced homes
- La Constancia, NM: higher priced homes
- Bernardo, NM: higher priced homes
- Manzano, NM: higher priced homes
- Punta de Agua, NM: higher priced homes
- Mountainair, NM: higher priced homes
Cities with Similar Populations
- Nolo, PA: higher priced homes
- North Fenton, NY: higher priced homes
- New Dennison, IL: higher priced homes
- New Frankfort, IN: higher priced homes
- New London, AR: equally priced homes
- New Raymer, CO: higher priced homes
- New Russia, NY: higher priced homes
- Newbern, VA: higher priced homes
- Newton Falls, NY: higher priced homes
- Nodaway, IA: higher priced homes
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