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Affordable
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These days, finding an affordable place to live in the Lamy area can be challenging. Home prices in Lamy are now at a median cost of $693,415, higher than the New Mexico average of $265,486.
The average cost of rent is $1,269/mo in Lamy, primarily driven by the current value of real estate in the Lamy area. In Lamy, 23.21% of households rent, and 52.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lamy is $8,622 per month. Households that rent pay about 14.72% of their income on rent here. Lamy’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eldorado at Santa Fe, NM: less expensive homes
- Glorieta, NM: less expensive homes
- Rowe, NM: less expensive homes
- Los Cerrillos, NM: less expensive homes
- La Cienega, NM: less expensive homes
- Pecos, NM: less expensive homes
- Madrid, NM: less expensive homes
- Cerrillos, NM: less expensive homes
- North San Ysidro, NM: less expensive homes
- Ilfeld, NM: less expensive homes
Cities with Similar Populations
- Fairplay, MD: less expensive homes
- Clark, SD: less expensive homes
- Clay City, IL: less expensive homes
- Claypool, AZ: less expensive homes
- Clearville, PA: less expensive homes
- Cross Plains, TX: less expensive homes
- Dalton, MN: less expensive homes
- Devereaux, MI: less expensive homes
- Wheatland, MO: less expensive homes
- Dickerson, MD: higher priced homes
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