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Affordable
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These days, finding an affordable place to live in the Embudo area can be challenging. Home prices in Embudo are now at a median cost of $285,848, higher than the New Mexico average of $265,486.
The average cost of rent is $934/mo in Embudo, primarily driven by the current value of real estate in the Embudo area. In Embudo, 14.32% of households rent, and 70.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Embudo is $5,497 per month. Households that rent pay about 16.99% of their income on rent here. Embudo’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rinconada, NM: higher priced homes
- Dixon, NM: higher priced homes
- Canoncito, NM: equally priced homes
- La Junta, NM: equally priced homes
- Velarde, NM: equally priced homes
- Ojo Sarco, NM: higher priced homes
- Picuris Pueblo, NM: less expensive homes
- Lyden, NM: equally priced homes
- Chamisal, NM: less expensive homes
- Ojo Caliente, NM: equally priced homes
Cities with Similar Populations
- Clubb, MO: less expensive homes
- Chestnut Knob, VA: less expensive homes
- Chestnutburg, KY: less expensive homes
- Rose Hill, NY: higher priced homes
- Cholame, CA: higher priced homes
- Christiana, AL: less expensive homes
- Clare, KS: higher priced homes
- Clarkes, OR: higher priced homes
- Idyllwild, CA: higher priced homes
- Clearwater, LA: less expensive homes
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