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Affordable
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These days, finding an affordable place to live in the Los Padillas area can be challenging. Home prices in Los Padillas are now at a median cost of $237,214, lower than the New Mexico average of $265,486.
The average cost of rent is $658/mo in Los Padillas, primarily driven by the current value of real estate in the Los Padillas area. In Los Padillas, 10.15% of households rent, and 65.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Los Padillas is $4,336 per month. Households that rent pay about 15.17% of their income on rent here. Los Padillas’s most expensive areas are in the central 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
- Pajarito, NM: equally priced homes
- Isleta, NM: less expensive homes
- Isleta Village Proper, NM: less expensive homes
- South Valley, NM: equally priced homes
- Bosque Farms, NM: higher priced homes
- Peralta, NM: higher priced homes
- Los Lentes, NM: higher priced homes
- Valencia, NM: less expensive homes
- Kirtland Afb, NM: higher priced homes
- Five Points, NM: less expensive homes
Cities with Similar Populations
- Webster, IN: less expensive homes
- Comanche Creek, CO: higher priced homes
- Conger, MN: equally priced homes
- Waha, ID: higher priced homes
- Waterloo, GA: less expensive homes
- Wauconda, WA: equally priced homes
- Wea, KS: higher priced homes
- Webbs Cross Roads, KY: less expensive homes
- Weber, GA: less expensive homes
- Colp, IL: less expensive homes
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