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These days, finding an affordable place to live in the Clayton area can be challenging. Home prices in Clayton are now at a median cost of $142,200, lower than the New Mexico average of $265,486.
The average cost of rent is $678/mo in Clayton, primarily driven by the current value of real estate in the Clayton area. In Clayton, 28.49% of households rent, and 59.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Clayton is $3,720 per month. Households that rent pay about 18.22% of their income on rent here. Clayton’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Texline, TX: equally priced homes
- Grenville, NM: higher priced homes
- Felt, OK: equally priced homes
- Sofia, NM: higher priced homes
- Kerrick, TX: higher priced homes
- Gladstone, NM: higher priced homes
- Stratford, TX: equally priced homes
- Texhoma, OK: equally priced homes
- Texhoma, TX: higher priced homes
- Maxwell, NM: higher priced homes
Cities with Similar Populations
- Woodville, OH: higher priced homes
- Powderly, TX: higher priced homes
- Perryopolis, PA: higher priced homes
- Norco, LA: higher priced homes
- New Madrid, MO: less expensive homes
- St. Louisville, OH: higher priced homes
- Montrose, PA: higher priced homes
- Medford, MN: higher priced homes
- Malabar, FL: higher priced homes
- Gloucester Courthouse, VA: higher priced homes
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