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Affordable
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These days, finding an affordable place to live in the Las Placitas area can be challenging. Home prices in Las Placitas are now at a median cost of $313,757, higher than the New Mexico average of $265,486.
The average cost of rent is $740/mo in Las Placitas, primarily driven by the current value of real estate in the Las Placitas area. In Las Placitas, 3.30% of households rent, and 70.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Las Placitas is $3,760 per month. Households that rent pay about 19.68% of their income on rent here. Las Placitas’s most expensive areas are in the southwestern 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
- El Rito, NM: equally priced homes
- Abiquiu, NM: higher priced homes
- Ojo Caliente, NM: less expensive homes
- Medanales, NM: equally priced homes
- Barranca, NM: higher priced homes
- Lamadera, NM: equally priced homes
- La Junta, NM: less expensive homes
- Chili, NM: equally priced homes
- Lyden, NM: equally priced homes
- Estaca, NM: less expensive homes
Cities with Similar Populations
- Paris Station, NY: less expensive homes
- Pickens, WV: less expensive homes
- Phillipstown, IL: less expensive homes
- Payneway, AR: less expensive homes
- Paynesville, IN: less expensive homes
- Paulina, OR: less expensive homes
- Patterson, ID: higher priced homes
- Patricia, SD: less expensive homes
- Paschall, NC: less expensive homes
- Parker, IL: less expensive homes
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