Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Faywood area can be challenging. Home prices in Faywood are now at a median cost of $126,069, lower than the New Mexico average of $199,923.
The average cost of rent is $539/mo in Faywood, primarily driven by the current value of real estate in the Faywood area. While nearly 53.79% of residents own their homes outright in Faywood, 45.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Faywood is $1,903 per month. Households that rent pay about 28.33% of their income on rent here. Faywood's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Whitewater, NM: less expensive homes
- White Signal, NM: equally priced homes
- Rodey, NM: less expensive homes
- Hatch, NM: less expensive homes
- Rincon, NM: less expensive homes
- Redrock, NM: equally priced homes
- Radium Springs, NM: higher priced homes
- Virden, NM: equally priced homes
- Franklin, AZ: less expensive homes
- Spaceport City, NM: less expensive homes
Cities with Similar Populations
- North Bay, WI: higher priced homes
- Newman, KY: higher priced homes
- Newman, MS: equally priced homes
- Newport, MS: higher priced homes
- Newry, ME: higher priced homes
- Willington, SC: less expensive homes
- Niblett Bluff, LA: less expensive homes
- Nickleville, PA: equally priced homes
- Willette, TN: equally priced homes
- Nix Mill, AL: less expensive homes
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