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Affordable
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These days, finding an affordable place to live in the La Mesilla area can be challenging. Home prices in La Mesilla are now at a median cost of $323,465, higher than the New Mexico average of $265,486.
The average cost of rent is $726/mo in La Mesilla, primarily driven by the current value of real estate in the La Mesilla area. In La Mesilla, 20.03% of households rent, and 65.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in La Mesilla is $5,117 per month. Households that rent pay about 14.19% of their income on rent here. La Mesilla’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- San Ildefonso Pueblo, NM: equally priced homes
- Santa Clara Pueblo, NM: less expensive homes
- Pojoaque, NM: less expensive homes
- Espanola, NM: less expensive homes
- Santa Cruz, NM: less expensive homes
- Lumberton, NM: higher priced homes
- El Rancho, NM: less expensive homes
- La Puebla, NM: less expensive homes
- Ohkay Owingeh, NM: less expensive homes
- Los Alamos, NM: higher priced homes
Cities with Similar Populations
- Norfield, MS: less expensive homes
- Nestlow, WV: less expensive homes
- Nevada Mills, IN: less expensive homes
- New Ashford, MA: higher priced homes
- New Buena Vista, PA: less expensive homes
- New Elizabethtown, IN: equally priced homes
- New Hampshire, OH: less expensive homes
- New Harmony, MO: less expensive homes
- New Hill, WV: less expensive homes
- New Holland, SD: less expensive homes
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