The Most Affordable Neighborhoods in Hidalgo County, NM by Home Value

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These days, finding an affordable place to live in the Hidalgo County area can be challenging. Home prices in Hidalgo County are now at a median cost of $99,970, lower than the New Mexico average of $199,923.

The average cost of rent is $626/mo in Hidalgo County, primarily driven by the current value of real estate in the Hidalgo County area. While nearly 65.29% of residents own their homes outright in Hidalgo County, 28.78% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hidalgo County is $3,876 per month. Households that rent pay about 16.16% of their income on rent here. Hidalgo County's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the county.

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