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These days, finding an affordable place to live in the Ignacio area can be challenging. Home prices in Ignacio are now at a median cost of $216,800, lower than the New Mexico average of $265,486.
The average cost of rent is $1,175/mo in Ignacio, primarily driven by the current value of real estate in the Ignacio area. In Ignacio, 0.00% of households rent, and 54.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ignacio is $4,651 per month. Households that rent pay about 25.26% of their income on rent here. Ignacio’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Young Place, NM: equally priced homes
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- Cedar Hill, NM: equally priced homes
- Dulce, NM: less expensive homes
- Aztec, NM: equally priced homes
- Monero, NM: less expensive homes
- Flora Vista, NM: equally priced homes
Cities with Similar Populations
- Melrose, MT: higher priced homes
- Mayflower, LA: less expensive homes
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- McGuire Park, WV: equally priced homes
- Mckenna, WA: higher priced homes
- McLellan, FL: less expensive homes
- McNary, TX: less expensive homes
- Wellsville, CO: higher priced homes
- Meadowville, UT: higher priced homes
- Medford, ME: less expensive homes
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