Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Knowles area can be challenging. Home prices in Knowles are now at a median cost of $138,781, lower than the New Mexico average of $199,923.
The average cost of rent is $971/mo in Knowles, primarily driven by the current value of real estate in the Knowles area. While nearly 70.14% of residents own their homes outright in Knowles, 12.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Knowles is $6,936 per month. Households that rent pay about 14.00% of their income on rent here. Knowles's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Monument, NM: higher priced homes
- Hobbs, NM: higher priced homes
- Nadine, NM: equally priced homes
- North Hobbs, NM: higher priced homes
- Lakewood, NM: less expensive homes
- Seminole, TX: higher priced homes
- Atoka, NM: equally priced homes
- Seven Rivers, NM: higher priced homes
- Florey, TX: higher priced homes
- Sand, TX: higher priced homes
Cities with Similar Populations
- Troy, LA: equally priced homes
- Everett, KS: less expensive homes
- Everett, OH: higher priced homes
- Fairdale, OH: higher priced homes
- Fairpoint, SD: higher priced homes
- Farrington, OH: higher priced homes
- Fayette, SD: less expensive homes
- Gregory, KY: less expensive homes
- Todds, OH: less expensive homes
- Toketee Falls, OR: higher priced homes
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