
Affordable
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These days, finding an affordable place to live in the Grants area can be challenging. Home prices in Grants are now at a median cost of $164,383, lower than the New Mexico average of $265,486.
The average cost of rent is $801/mo in Grants, primarily driven by the current value of real estate in the Grants area. In Grants, 37.15% of households rent, and 57.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grants is $4,593 per month. Households that rent pay about 17.44% of their income on rent here. Grants’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Milan, NM: less expensive homes
- San Rafael, NM: equally priced homes
- San Fidel, NM: less expensive homes
- McCartys Village, NM: less expensive homes
- Pueblo Of Acoma, NM: less expensive homes
- North Acomita Village, NM: less expensive homes
- Acoma Pueblo, NM: less expensive homes
- Casa Blanca, NM: less expensive homes
- Cubero, NM: less expensive homes
- Seama, NM: less expensive homes
Cities with Similar Populations
- Woodbine, MD: higher priced homes
- Timberlake, VA: higher priced homes
- Timmonsville, SC: less expensive homes
- Timonium, MD: higher priced homes
- Toano, VA: higher priced homes
- Tonganoxie, KS: higher priced homes
- Topsham, ME: higher priced homes
- Tremonton, UT: higher priced homes
- Tres Hermanos, PR: less expensive homes
- Triangle, VA: higher priced homes
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