The Most Affordable Neighborhoods in Los Lunas, NM by Home Value

 

Los Lunas, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Los Lunas area can be challenging. Home prices in Los Lunas are now at a median cost of $170,135, lower than the New Mexico average of $199,923.

The average cost of rent is $973/mo in Los Lunas, primarily driven by the current value of real estate in the Los Lunas area. While nearly 45.03% of residents own their homes outright in Los Lunas, 16.99% rent.

Housing affordability isn’t just about home prices, though. The average household income in Los Lunas is $5,246 per month. Households that rent pay about 18.56% of their income on rent here. Los Lunas's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.


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