Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the La Loma area can be challenging. Home prices in La Loma are now at a median cost of $75,409, lower than the New Mexico average of $199,923.
The average cost of rent is $384/mo in La Loma, primarily driven by the current value of real estate in the La Loma area. While nearly 92.66% of residents own their homes outright in La Loma, 37.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in La Loma is $1,721 per month. Households that rent pay about 22.30% of their income on rent here. La Loma's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Llano Del Medio, NM: equally priced homes
- Upper Dilia, NM: equally priced homes
- Anton Chico, NM: higher priced homes
- Tecolotito, NM: higher priced homes
- Dahlia, NM: equally priced homes
- Villanueva, NM: higher priced homes
- Lagunita, NM: higher priced homes
- Gonzales Ranch, NM: higher priced homes
- White Lakes, NM: higher priced homes
- Newkirk, NM: higher priced homes
Cities with Similar Populations
- Tipton, WY: less expensive homes
- Crocheron, MD: higher priced homes
- Cubana, WV: equally priced homes
- Cumnor, VA: higher priced homes
- Cuprum, ID: higher priced homes
- St. Vincent, MN: higher priced homes
- Three Forks, AR: higher priced homes
- Tie Siding, WY: higher priced homes
- Tignor, VA: higher priced homes
- Tilden, AL: higher priced homes
All Local Stats
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