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Affordable
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These days, finding an affordable place to live in the Gage area can be challenging. Home prices in Gage are now at a median cost of $148,365, lower than the New Mexico average of $265,486.
The average cost of rent is $592/mo in Gage, primarily driven by the current value of real estate in the Gage area. In Gage, 26.82% of households rent, and 53.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gage is $2,961 per month. Households that rent pay about 20.00% of their income on rent here. Gage’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sunshine, NM: equally priced homes
- Deming, NM: equally priced homes
- Keeler Farm, NM: equally priced homes
- Ventura, NM: less expensive homes
- Separ, NM: equally priced homes
- Glen Acres, NM: equally priced homes
- Lordsburg, NM: less expensive homes
- Cotton City, NM: equally priced homes
- Fairacres, NM: higher priced homes
- San Simon, AZ: less expensive homes
Cities with Similar Populations
- Salt Flat, TX: less expensive homes
- Manheim, WV: less expensive homes
- Marshlands, PA: higher priced homes
- Massillon, IA: higher priced homes
- Maynard, KY: less expensive homes
- Mayo, VA: less expensive homes
- McCormick, IL: higher priced homes
- McDade, LA: higher priced homes
- Meadville, WV: equally priced homes
- Rosemont, NE: equally priced homes
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