Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Derry area can be challenging. Home prices in Derry are now at a median cost of $137,762, lower than the New Mexico average of $199,923.
The average cost of rent is $798/mo in Derry, primarily driven by the current value of real estate in the Derry area. While nearly 75.56% of residents own their homes outright in Derry, 22.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Derry is $2,818 per month. Households that rent pay about 28.31% of their income on rent here. Derry's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Garfield, NM: less expensive homes
- Arrey, NM: higher priced homes
- Salem, NM: less expensive homes
- Hatch, NM: less expensive homes
- Rodey, NM: less expensive homes
- Rincon, NM: less expensive homes
- Hillsboro, NM: higher priced homes
- Kingston, NM: higher priced homes
- Sherman, NM: less expensive homes
- San Lorenzo, NM: less expensive homes
Cities with Similar Populations
- Las Tusas, NM: higher priced homes
- Lake Delta, NY: higher priced homes
- Tilden, ND: less expensive homes
- Lake Ridge, WV: less expensive homes
- Lamington, NJ: higher priced homes
- Lamont, NY: less expensive homes
- Landes, IL: less expensive homes
- Landgraff, WV: less expensive homes
- Langley, AR: higher priced homes
- Lanham, TX: less expensive homes
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