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Affordable
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These days, finding an affordable place to live in the Floyd area can be challenging. Home prices in Floyd are now at a median cost of $181,245, lower than the New Mexico average of $265,486.
The average cost of rent is $1,232/mo in Floyd, primarily driven by the current value of real estate in the Floyd area. In Floyd, 16.51% of households rent, and 55.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Floyd is $4,904 per month. Households that rent pay about 25.12% of their income on rent here. Floyd’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Portales, NM: less expensive homes
- Cannon Air Force Base, NM: less expensive homes
- Farwell, TX: equally priced homes
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- Muleshoe, TX: less expensive homes
- Progress, TX: equally priced homes
- Lazbuddie, TX: higher priced homes
- Earth, TX: less expensive homes
- Yeso, NM: higher priced homes
Cities with Similar Populations
- Turner, MI: less expensive homes
- Hector, NY: higher priced homes
- Herman Center, WI: higher priced homes
- High Rolls Mountain Park, NM: higher priced homes
- Highsmiths, NC: less expensive homes
- Hillcrest, TX: higher priced homes
- Waucousta, WI: higher priced homes
- Virgil City, MO: higher priced homes
- Vera, VA: equally priced homes
- Uniontown, WA: higher priced homes
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