Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lemitar area can be challenging. Home prices in Lemitar are now at a median cost of $149,857, lower than the New Mexico average of $199,923.
The average cost of rent is $687/mo in Lemitar, primarily driven by the current value of real estate in the Lemitar area. While nearly 83.78% of residents own their homes outright in Lemitar, 6.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lemitar is $2,608 per month. Households that rent pay about 26.35% of their income on rent here. Lemitar's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Polvadera, NM: equally priced homes
- Florida, NM: less expensive homes
- Socorro, NM: less expensive homes
- San Acacia, NM: equally priced homes
- Magdalena, NM: less expensive homes
- Claunch, NM: higher priced homes
- Pie Town, NM: higher priced homes
- Datil, NM: higher priced homes
- Corona, NM: higher priced homes
- Red Hill, NM: higher priced homes
Cities with Similar Populations
- Stratton, MS: less expensive homes
- Halcyondale, GA: less expensive homes
- Hale, MO: less expensive homes
- Hallsburg, TX: less expensive homes
- South Strafford, VT: higher priced homes
- South Union, KY: equally priced homes
- Spencer, MI: equally priced homes
- St. Libory, IL: equally priced homes
- St. Peter, IL: less expensive homes
- Stanhope, IA: less expensive homes
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