The Most Affordable Neighborhoods in Conchas Dam, NM by Home Value

 

Conchas Dam, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Conchas Dam area can be challenging. Home prices in Conchas Dam are now at a median cost of $203,705, lower than the New Mexico average of $265,486.

The average cost of rent is $823/mo in Conchas Dam, primarily driven by the current value of real estate in the Conchas Dam area. In Conchas Dam, 4.19% of households rent, and 94.59% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Conchas Dam is $6,722 per month. Households that rent pay about 12.24% of their income on rent here. Conchas Dam’s most expensive areas are in the southwestern 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.


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