Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the El Valle area can be challenging. Home prices in El Valle are now at a median cost of $139,354, lower than the New Mexico average of $199,923.
The average cost of rent is $983/mo in El Valle, primarily driven by the current value of real estate in the El Valle area. While nearly 70.14% of residents own their homes outright in El Valle, 27.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in El Valle is $4,384 per month. Households that rent pay about 22.42% of their income on rent here. El Valle's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Chamisal, NM: higher priced homes
- Ojo Sarco, NM: higher priced homes
- Llano, NM: equally priced homes
- Llano Largo, NM: equally priced homes
- Rodarte, NM: equally priced homes
- Truchas, NM: higher priced homes
- Penasco, NM: higher priced homes
- Canoncito, NM: higher priced homes
- Vadito, NM: equally priced homes
- Cordova, NM: equally priced homes
Cities with Similar Populations
- Weldon, AR: less expensive homes
- Galesville, IL: higher priced homes
- Furnessville, IN: higher priced homes
- Funk, OH: higher priced homes
- Fulton Run, PA: less expensive homes
- Four Oaks, KY: higher priced homes
- Fort Adams, MS: less expensive homes
- Forsyth, NY: less expensive homes
- Fords Branch, KY: less expensive homes
- Floriston, CA: higher priced homes
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