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Affordable
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These days, finding an affordable place to live in the Cotton City area can be challenging. Home prices in Cotton City are now at a median cost of $158,500, lower than the New Mexico average of $265,486.
The average cost of rent is $773/mo in Cotton City, primarily driven by the current value of real estate in the Cotton City area. In Cotton City, 3.18% of households rent, and 62.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cotton City is $5,746 per month. Households that rent pay about 13.45% of their income on rent here. Cotton City’s most expensive areas are in the central 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.
Nearby Cities
- San Simon, AZ: less expensive homes
- Dos Cabezas, AZ: less expensive homes
- Gage, NM: equally priced homes
- Kansas Settlement, AZ: higher priced homes
- Cochise, AZ: higher priced homes
- Sunshine, NM: less expensive homes
- Deming, NM: less expensive homes
- Dragoon, AZ: higher priced homes
- Johnson, AZ: higher priced homes
- Ventura, NM: less expensive homes
Cities with Similar Populations
- Roselms, OH: less expensive homes
- Carolan, AR: less expensive homes
- Whitney, AL: higher priced homes
- Cassandra, PA: higher priced homes
- Whitewater, MT: higher priced homes
- Whiterock, AR: less expensive homes
- Whitehorse, SD: less expensive homes
- White Oak Springs, WV: higher priced homes
- Whispering Pines, CA: higher priced homes
- Wheeling, AR: less expensive homes
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