Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cedar Crest area can be challenging. Home prices in Cedar Crest are now at a median cost of $270,533, higher than the New Mexico average of $199,923.
The average cost of rent is $1,405/mo in Cedar Crest, primarily driven by the current value of real estate in the Cedar Crest area. While nearly 34.11% of residents own their homes outright in Cedar Crest, 13.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Crest is $8,371 per month. Households that rent pay about 16.79% of their income on rent here. Cedar Crest's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Zamora, NM: higher priced homes
- Sandia Park, NM: higher priced homes
- Tijeras, NM: equally priced homes
- Edgewood, NM: less expensive homes
- Cedar Grove, NM: less expensive homes
- Kirtland Afb, NM: equally priced homes
- Albuquerque, NM: less expensive homes
- North Valley, NM: equally priced homes
- Los Ranchos de Albuquerque, NM: higher priced homes
- Corrales, NM: higher priced homes
Cities with Similar Populations
- Smithville, OH: less expensive homes
- Beulah, MI: less expensive homes
- Whitesville, KY: less expensive homes
- Westwood, CA: equally priced homes
- Stover, MO: less expensive homes
- Shiloh, OH: less expensive homes
- Schofield, WI: less expensive homes
- Reedsville, WI: less expensive homes
- Nederland, CO: higher priced homes
- Lutcher, LA: less expensive homes
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