Expensive
Affordable
Affordable
Colorblind friendly
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These days, finding an affordable place to live in the Hollene area can be challenging. Home prices in Hollene are now at a median cost of $351,858, higher than the New Mexico average of $265,486.
The average cost of rent is $1,106/mo in Hollene, primarily driven by the current value of real estate in the Hollene area. In Hollene, 40.42% of households rent, and 45.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hollene is $5,552 per month. Households that rent pay about 19.93% of their income on rent here. Hollene’s most expensive areas are in the northeastern 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
- Clovis, NM: less expensive homes
- Ranchvale, NM: equally priced homes
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Cities with Similar Populations
- St. David, ME: less expensive homes
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- Freedman, SC: higher priced homes
- Freistatt, MO: less expensive homes
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- Friesland, MN: less expensive homes
- Fronton, TX: less expensive homes
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