
Affordable
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These days, finding an affordable place to live in the Los Montoyas area can be challenging. Home prices in Los Montoyas are now at a median cost of $247,200, lower than the New Mexico average of $265,486.
The average cost of rent is $811/mo in Los Montoyas, primarily driven by the current value of real estate in the Los Montoyas area. In Los Montoyas, 19.00% of households rent, and 74.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Los Montoyas is $6,539 per month. Households that rent pay about 12.40% of their income on rent here. Los Montoyas’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chapelle, NM: equally priced homes
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- Gabaldon, NM: equally priced homes
- Serafina, NM: less expensive homes
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- Ribera, NM: less expensive homes
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Cities with Similar Populations
- Gildford, MT: less expensive homes
- Guckeen, MN: equally priced homes
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- Granville, VT: less expensive homes
- Goose Prairie, WA: higher priced homes
- Gonce, AL: less expensive homes
- Goldfinch, TX: less expensive homes
- Golden Corners, OH: less expensive homes
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