
Home Price Key
These days, finding an affordable place to live in the Corrales area can be challenging. Home prices in Corrales are now at a median cost of $419,129, higher than the New Mexico average of $199,923.
The average cost of rent is $1,155/mo in Corrales, primarily driven by the current value of real estate in the Corrales area. While nearly 42.12% of residents own their homes outright in Corrales, 11.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Corrales is $8,618 per month. Households that rent pay about 13.40% of their income on rent here. Corrales's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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- El Llanito, NM: less expensive homes
- Placitas, NM: equally priced homes
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Cities with Similar Populations
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All Local Stats
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