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Affordable
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These days, finding an affordable place to live in the Deming area can be challenging. Home prices in Deming are now at a median cost of $140,379, lower than the New Mexico average of $265,486.
The average cost of rent is $831/mo in Deming, primarily driven by the current value of real estate in the Deming area. In Deming, 30.12% of households rent, and 55.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Deming is $3,344 per month. Households that rent pay about 24.86% of their income on rent here. Deming’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ventura, NM: less expensive homes
- Keeler Farm, NM: equally priced homes
- Sunshine, NM: equally priced homes
- Gage, NM: equally priced homes
- Fairacres, NM: higher priced homes
- Separ, NM: higher priced homes
- Dona Ana, NM: higher priced homes
- Mesilla, NM: higher priced homes
- Santo Tomas, NM: higher priced homes
- Glen Acres, NM: higher priced homes
Cities with Similar Populations
- Forest Park, OH: higher priced homes
- Fairwood, WA: higher priced homes
- Fayetteville, TN: higher priced homes
- Ferndale, MI: higher priced homes
- Five Corners, WA: higher priced homes
- Floral Park, NY: higher priced homes
- Weirton, WV: equally priced homes
- Weaverville, NC: higher priced homes
- Forest Lake, MN: higher priced homes
- Exeter, NH: higher priced homes
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