Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lee Acres area can be challenging. Home prices in Lee Acres are now at a median cost of $148,773, lower than the New Mexico average of $199,923.
The average cost of rent is $936/mo in Lee Acres, primarily driven by the current value of real estate in the Lee Acres area. While nearly 55.63% of residents own their homes outright in Lee Acres, 27.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lee Acres is $3,702 per month. Households that rent pay about 25.28% of their income on rent here. Lee Acres's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Tinian, NM: less expensive homes
- Bloomfield, NM: equally priced homes
- DeSmet, NM: higher priced homes
- Farmington, NM: higher priced homes
- Flora Vista, NM: higher priced homes
- Napi Headquarters, NM: less expensive homes
- Aztec, NM: higher priced homes
- Kirtland, NM: equally priced homes
- Blanco, NM: less expensive homes
- Cedar Hill, NM: higher priced homes
Cities with Similar Populations
- Billings, MO: higher priced homes
- Caledonia, NY: equally priced homes
- Clayville, VA: higher priced homes
- Mount Angel, OR: higher priced homes
- Ely, MN: higher priced homes
- Gowen, MI: higher priced homes
- Hominy, OK: less expensive homes
- New London, NH: higher priced homes
- Woodlawn, TN: higher priced homes
- North Liberty, IN: equally priced homes
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