Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Chimayo area can be challenging. Home prices in Chimayo are now at a median cost of $258,312, lower than the New Mexico average of $265,486.
The average cost of rent is $956/mo in Chimayo, primarily driven by the current value of real estate in the Chimayo area. In Chimayo, 20.18% of households rent, and 71.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chimayo is $5,390 per month. Households that rent pay about 17.73% of their income on rent here. Chimayo’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rio Chiquito, NM: equally priced homes
- La Puebla, NM: equally priced homes
- Cordova, NM: less expensive homes
- Cundiyo, NM: higher priced homes
- Santa Cruz, NM: less expensive homes
- Espanola, NM: equally priced homes
- El Rancho, NM: less expensive homes
- Ohkay Owingeh, NM: less expensive homes
- Pueblito, NM: equally priced homes
- Truchas, NM: higher priced homes
Cities with Similar Populations
- Whitney Point, NY: less expensive homes
- Germantown, NY: higher priced homes
- Warner, OK: less expensive homes
- Parksley, VA: less expensive homes
- Pierson, FL: higher priced homes
- Waco, GA: equally priced homes
- Vanderwagen, NM: less expensive homes
- Sanbornton, NH: higher priced homes
- Schoharie, NY: less expensive homes
- Leo-Cedarville, IN: higher priced homes
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