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These days, finding an affordable place to live in the Lamadera area can be challenging. Home prices in Lamadera are now at a median cost of $287,945, higher than the New Mexico average of $265,486.
The average cost of rent is $722/mo in Lamadera, primarily driven by the current value of real estate in the Lamadera area. In Lamadera, 0.00% of households rent, and 78.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamadera is $3,623 per month. Households that rent pay about 19.93% of their income on rent here. Lamadera’s most expensive areas are in the eastern 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
- Petaca, NM: equally priced homes
- Ojo Caliente, NM: equally priced homes
- El Rito, NM: equally priced homes
- Vallecitos, NM: equally priced homes
- Las Placitas, NM: equally priced homes
- Embudo, NM: equally priced homes
- Carson, NM: equally priced homes
- Rinconada, NM: higher priced homes
- Abiquiu, NM: higher priced homes
- Trampas, NM: less expensive homes
Cities with Similar Populations
- Sawyerville, IL: less expensive homes
- Miles Crossroads, TN: less expensive homes
- Millerstown, OH: less expensive homes
- Millerville, LA: less expensive homes
- Millington, MS: less expensive homes
- Millville, MO: less expensive homes
- Minnewawa, MN: equally priced homes
- Moatsville, WV: less expensive homes
- Sandy Ridge, TN: equally priced homes
- Sangrey, MT: less expensive homes
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