The Most Affordable Neighborhoods in Llano Del Medio, NM by Home Value

 

Llano Del Medio, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Llano Del Medio area can be challenging. Home prices in Llano Del Medio are now at a median cost of $51,600, lower than the New Mexico average of $265,486.

The average cost of rent is $437/mo in Llano Del Medio, primarily driven by the current value of real estate in the Llano Del Medio area. In Llano Del Medio, 17.98% of households rent, and 73.42% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Llano Del Medio is $2,461 per month. Households that rent pay about 17.76% of their income on rent here. Llano Del Medio’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.


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