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These days, finding an affordable place to live in the Cedar Hill area can be challenging. Home prices in Cedar Hill are now at a median cost of $213,863, lower than the New Mexico average of $265,486.
The average cost of rent is $942/mo in Cedar Hill, primarily driven by the current value of real estate in the Cedar Hill area. In Cedar Hill, 17.97% of households rent, and 60.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cedar Hill is $7,283 per month. Households that rent pay about 12.94% of their income on rent here. Cedar Hill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Aztec, NM: equally priced homes
- Flora Vista, NM: equally priced homes
- Blanco, NM: less expensive homes
- Turley, NM: equally priced homes
- La Plata, NM: equally priced homes
- Navajo Dam, NM: equally priced homes
- Lee Acres, NM: less expensive homes
- Farmington, NM: equally priced homes
- DeSmet, NM: equally priced homes
- Ignacio, NM: equally priced homes
Cities with Similar Populations
- Verona, IL: higher priced homes
- Peoria, OK: less expensive homes
- Coleman, OK: less expensive homes
- Cobb, OK: higher priced homes
- Vaughns Mill, KY: less expensive homes
- Claridon, OH: equally priced homes
- Chester, MI: less expensive homes
- Vermont, IL: less expensive homes
- Chadwick, MO: higher priced homes
- Centerville, VA: higher priced homes
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