Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the La Luz area can be challenging. Home prices in La Luz are now at a median cost of $127,761, lower than the New Mexico average of $199,923.
The average cost of rent is $741/mo in La Luz, primarily driven by the current value of real estate in the La Luz area. While nearly 59.97% of residents own their homes outright in La Luz, 16.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in La Luz is $4,648 per month. Households that rent pay about 15.95% of their income on rent here. La Luz's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Tularosa, NM: equally priced homes
- Mountain Park, NM: higher priced homes
- Alamogordo, NM: higher priced homes
- High Rolls Mountain Park, NM: higher priced homes
- Holloman AFB, NM: equally priced homes
- Cloudcroft, NM: higher priced homes
- Mayhill, NM: higher priced homes
- Hope, NM: equally priced homes
- Williamsburg, NM: equally priced homes
- Caballo, NM: higher priced homes
Cities with Similar Populations
- Beale Afb, CA: higher priced homes
- Malabar, FL: higher priced homes
- Lavalette, WV: higher priced homes
- Kenhorst, PA: equally priced homes
- Kechi, KS: higher priced homes
- Iona, ID: higher priced homes
- Hazen, ND: higher priced homes
- Hackberry, TX: higher priced homes
- Gillett, WI: less expensive homes
- Friendship, WI: equally priced homes
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