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Affordable
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These days, finding an affordable place to live in the Llano area can be challenging. Home prices in Llano are now at a median cost of $166,908, lower than the New Mexico average of $265,486.
The average cost of rent is $1,039/mo in Llano, primarily driven by the current value of real estate in the Llano area. In Llano, 13.33% of households rent, and 76.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Llano is $5,507 per month. Households that rent pay about 18.86% of their income on rent here. Llano’s most expensive areas are in the northwestern 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
- Rodarte, NM: equally priced homes
- Llano Largo, NM: equally priced homes
- Vadito, NM: equally priced homes
- Penasco, NM: higher priced homes
- Chamisal, NM: higher priced homes
- El Valle, NM: equally priced homes
- Picuris Pueblo, NM: higher priced homes
- Ojo Sarco, NM: higher priced homes
- Canoncito, NM: higher priced homes
- Tres Ritos, NM: equally priced homes
Cities with Similar Populations
- Gray, NY: equally priced homes
- Whitmer, WV: equally priced homes
- Winchester Bay, OR: higher priced homes
- Harkins Crossroads, AL: equally priced homes
- Hanna, UT: higher priced homes
- Hanksville, UT: higher priced homes
- Handsom, VA: equally priced homes
- Hammond, TX: higher priced homes
- Halleck, NV: higher priced homes
- Haigler, NE: equally priced homes
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