Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the El Prado area can be challenging. Home prices in El Prado are now at a median cost of $381,029, higher than the New Mexico average of $199,923.
The average cost of rent is $1,082/mo in El Prado, primarily driven by the current value of real estate in the El Prado area. While nearly 54.35% of residents own their homes outright in El Prado, 16.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in El Prado is $8,442 per month. Households that rent pay about 12.81% of their income on rent here. El Prado's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Taos Pueblo, NM: less expensive homes
- Ranchito, NM: less expensive homes
- Taos, NM: less expensive homes
- Arroyo Seco, NM: equally priced homes
- Ranchos de Taos, NM: less expensive homes
- Trampas, NM: less expensive homes
- Arroyo Hondo, NM: less expensive homes
- Valdez, NM: less expensive homes
- Lucero, NM: less expensive homes
- Carson, NM: less expensive homes
Cities with Similar Populations
- Union City, IN: less expensive homes
- Belzoni, MS: less expensive homes
- Mineralwells, WV: less expensive homes
- Ludlow, KY: less expensive homes
- Oostburg, WI: less expensive homes
- Hammond, WI: less expensive homes
- Grabill, IN: less expensive homes
- Paynesville, MN: less expensive homes
- Ransomville, NY: less expensive homes
- Tipton, IA: less expensive homes
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