Expensive
Affordable
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These days, finding an affordable place to live in the Lingo area can be challenging. Home prices in Lingo are now at a median cost of $140,000, lower than the New Mexico average of $265,486.
The average cost of rent is $775/mo in Lingo, primarily driven by the current value of real estate in the Lingo area. In Lingo, 27.72% of households rent, and 67.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lingo is $5,327 per month. Households that rent pay about 14.55% of their income on rent here. Lingo’s most expensive areas are in the central 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
- Causey, NM: equally priced homes
- Bledsoe, TX: less expensive homes
- Milnesand, NM: equally priced homes
- Pep, NM: equally priced homes
- Maple, TX: higher priced homes
- Morton, TX: less expensive homes
- Enochs, TX: equally priced homes
- Pep, TX: less expensive homes
- Pettit, TX: less expensive homes
- Elkins, NM: less expensive homes
Cities with Similar Populations
- Sabot, VA: higher priced homes
- Michigan, ND: equally priced homes
- Midas, NV: higher priced homes
- Middlebranch, OH: higher priced homes
- Midway, IL: less expensive homes
- Mifflin, IN: less expensive homes
- Mikkalo, OR: higher priced homes
- Mill Creek, TN: less expensive homes
- Millett, SC: less expensive homes
- Millrift, PA: higher priced homes
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