
Home Price Key
These days, finding an affordable place to live in the Chama area can be challenging. Home prices in Chama are now at a median cost of $167,215, lower than the New Mexico average of $199,923.
The average cost of rent is $506/mo in Chama, primarily driven by the current value of real estate in the Chama area. While nearly 59.71% of residents own their homes outright in Chama, 17.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chama is $3,402 per month. Households that rent pay about 14.88% of their income on rent here. Chama's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Los Ojos, NM: equally priced homes
- Ensenada, NM: equally priced homes
- Tierra Amarilla, NM: equally priced homes
- Rutheron, NM: equally priced homes
- Monero, NM: less expensive homes
- Dulce, NM: less expensive homes
- Young Place, NM: less expensive homes
- Ignacio, NM: less expensive homes
- Cerro, NM: higher priced homes
- Questa, NM: higher priced homes
Cities with Similar Populations
- Thompson, MO: equally priced homes
- Waterford, MS: equally priced homes
- Mill Run, PA: less expensive homes
- Carlsbad North, NM: higher priced homes
- Mount Hope, KS: less expensive homes
- Musella, GA: higher priced homes
- Chula, VA: higher priced homes
- Narrowsburg, NY: equally priced homes
- New Enterprise, PA: equally priced homes
- Wright, MI: higher priced homes
All Local Stats
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