Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hillsboro area can be challenging. Home prices in Hillsboro are now at a median cost of $210,500, higher than the New Mexico average of $199,923.
The average cost of rent is $458/mo in Hillsboro, primarily driven by the current value of real estate in the Hillsboro area. While nearly 69.35% of residents own their homes outright in Hillsboro, 28.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hillsboro is $3,846 per month. Households that rent pay about 11.91% of their income on rent here. Hillsboro's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Kingston, NM: equally priced homes
- Arrey, NM: equally priced homes
- Caballo, NM: less expensive homes
- Derry, NM: less expensive homes
- Sherman, NM: less expensive homes
- Garfield, NM: less expensive homes
- San Lorenzo, NM: less expensive homes
- Salem, NM: less expensive homes
- Mimbres, NM: less expensive homes
- Fort Bayard, NM: less expensive homes
Cities with Similar Populations
- Whitesville, IN: less expensive homes
- Little Needmore, KY: higher priced homes
- Lodi, TX: less expensive homes
- London, AL: less expensive homes
- Wilawana, PA: equally priced homes
- Whitlash, MT: less expensive homes
- Whiteville, LA: higher priced homes
- Lost Valley, NY: equally priced homes
- Loudendale, WV: less expensive homes
- Lowes, KY: less expensive homes
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