Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Espanola area can be challenging. Home prices in Espanola are now at a median cost of $183,532, lower than the New Mexico average of $199,923.
The average cost of rent is $748/mo in Espanola, primarily driven by the current value of real estate in the Espanola area. While nearly 62.96% of residents own their homes outright in Espanola, 30.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Espanola is $3,885 per month. Households that rent pay about 19.24% of their income on rent here. Espanola's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Santa Cruz, NM: less expensive homes
- El Rancho, NM: equally priced homes
- Santa Clara Pueblo, NM: higher priced homes
- La Puebla, NM: equally priced homes
- Ohkay Owingeh, NM: higher priced homes
- San Juan Pueblo, NM: higher priced homes
- Pueblito, NM: higher priced homes
- Chamita, NM: equally priced homes
- Chimayo, NM: higher priced homes
- La Mesilla, NM: higher priced homes
Cities with Similar Populations
- Crete, IL: equally priced homes
- Whitmore Lake, MI: higher priced homes
- Bloomfield, NM: less expensive homes
- Bogart, GA: higher priced homes
- Boonville, IN: equally priced homes
- Bradford, PA: less expensive homes
- Bradley Gardens, NJ: higher priced homes
- Brattleboro, VT: higher priced homes
- Broadlands, VA: higher priced homes
- Bull Mountain, OR: higher priced homes
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