Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cedarvale area can be challenging. Home prices in Cedarvale are now at a median cost of $132,414, lower than the New Mexico average of $199,923.
The average cost of rent is $672/mo in Cedarvale, primarily driven by the current value of real estate in the Cedarvale area. While nearly 73.32% of residents own their homes outright in Cedarvale, 13.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cedarvale is $4,445 per month. Households that rent pay about 15.12% of their income on rent here. Cedarvale's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Estancia, NM: equally priced homes
- Mc Intosh, NM: equally priced homes
- Willard, NM: less expensive homes
- Torreon, NM: equally priced homes
- Manzano, NM: equally priced homes
- Encino, NM: less expensive homes
- Meadow Lake, NM: less expensive homes
- Valencia, NM: equally priced homes
- El Cerro, NM: equally priced homes
- Peralta, NM: higher priced homes
Cities with Similar Populations
- Ponderosa Pine, NM: higher priced homes
- Persimmon, KY: higher priced homes
- Canoochee, GA: less expensive homes
- Perth, ND: less expensive homes
- North Groesbeck, TX: less expensive homes
- Sycamore, CA: higher priced homes
- Butte, ID: higher priced homes
- North Cohocton, NY: less expensive homes
- Pine Hill, PA: equally priced homes
- Hills and Dales, OH: higher priced homes
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