Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chapelle area can be challenging. Home prices in Chapelle are now at a median cost of $116,000, lower than the New Mexico average of $199,923.
The average cost of rent is $572/mo in Chapelle, primarily driven by the current value of real estate in the Chapelle area. While nearly 82.12% of residents own their homes outright in Chapelle, 4.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chapelle is $2,639 per month. Households that rent pay about 21.68% of their income on rent here. Chapelle's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Serafina, NM: higher priced homes
- Tecolote, NM: higher priced homes
- Los Montoyas, NM: equally priced homes
- Sena, NM: equally priced homes
- El Ancon, NM: higher priced homes
- Ribera, NM: equally priced homes
- Villanueva, NM: equally priced homes
- Pueblo, NM: less expensive homes
- Tecolotito, NM: equally priced homes
- San Jose, NM: higher priced homes
Cities with Similar Populations
- Oyer, MO: less expensive homes
- Nekoma, ND: less expensive homes
- Onemo, VA: higher priced homes
- Opal, AR: higher priced homes
- Opheim, MT: equally priced homes
- Oreville, OH: less expensive homes
- Ormonde, IL: equally priced homes
- Osborns Store, VA: higher priced homes
- Oscar, KY: less expensive homes
- Osgood, IA: equally priced homes
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