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Affordable
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These days, finding an affordable place to live in the Chacon area can be challenging. Home prices in Chacon are now at a median cost of $162,500, lower than the New Mexico average of $265,486.
The average cost of rent is $1,083/mo in Chacon, primarily driven by the current value of real estate in the Chacon area. In Chacon, 9.13% of households rent, and 79.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chacon is $5,821 per month. Households that rent pay about 18.61% of their income on rent here. Chacon’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
- Holman, NM: equally priced homes
- Guadalupita, NM: less expensive homes
- Tres Ritos, NM: equally priced homes
- Cleveland, NM: equally priced homes
- Val Verde, NM: higher priced homes
- Los Hueros, NM: equally priced homes
- Ocate, NM: higher priced homes
- Vadito, NM: equally priced homes
- Ojo Feliz, NM: equally priced homes
- Llano Largo, NM: equally priced homes
Cities with Similar Populations
- Rock Camp, OH: equally priced homes
- Hyman, SC: less expensive homes
- Iddo, FL: less expensive homes
- Sherwood, OK: higher priced homes
- Ingomar, MT: higher priced homes
- Sharon Center, PA: less expensive homes
- Scottsville, KS: higher priced homes
- Julia, WV: less expensive homes
- Rogers Stop, PA: higher priced homes
- Rockyhock, NC: higher priced homes
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