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These days, finding an affordable place to live in the Los Chaves area can be challenging. Home prices in Los Chaves are now at a median cost of $253,633, lower than the New Mexico average of $265,486.
The average cost of rent is $833/mo in Los Chaves, primarily driven by the current value of real estate in the Los Chaves area. In Los Chaves, 7.54% of households rent, and 57.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Los Chaves is $8,697 per month. Households that rent pay about 9.58% of their income on rent here. Los Chaves’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tome, NM: higher priced homes
- La Constancia, NM: less expensive homes
- El Cerro, NM: less expensive homes
- Los Lunas, NM: less expensive homes
- Belen, NM: less expensive homes
- Los Lentes, NM: higher priced homes
- Dalies, NM: higher priced homes
- Valencia, NM: less expensive homes
- Jarales, NM: less expensive homes
- Peralta, NM: higher priced homes
Cities with Similar Populations
- Brandon, WI: equally priced homes
- Campbell, TX: equally priced homes
- Colora, MD: higher priced homes
- Gold Hill, NC: higher priced homes
- Rison, AR: less expensive homes
- Linden, PA: less expensive homes
- Logan, IA: less expensive homes
- Madison, NE: less expensive homes
- Mount Pleasant Mills, PA: less expensive homes
- Nashotah, WI: higher priced homes
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