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These days, finding an affordable place to live in the Loving area can be challenging. Home prices in Loving are now at a median cost of $205,334, lower than the New Mexico average of $265,486.
The average cost of rent is $1,355/mo in Loving, primarily driven by the current value of real estate in the Loving area. In Loving, 22.66% of households rent, and 74.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loving is $4,676 per month. Households that rent pay about 28.99% of their income on rent here. Loving’s most expensive areas are in the northeastern 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
- Malaga, NM: higher priced homes
- Otis, NM: higher priced homes
- Whites City, NM: equally priced homes
- Queen, NM: less expensive homes
- Jal, NM: less expensive homes
- Dell City, NM: less expensive homes
- Frankel City, TX: higher priced homes
- Andrews, TX: equally priced homes
- Orogrande, NM: less expensive homes
- Tarzan, TX: higher priced homes
Cities with Similar Populations
- Rossville, KS: higher priced homes
- Dunseith, ND: less expensive homes
- Eagle Springs, NC: higher priced homes
- Elizaville, NY: higher priced homes
- Etna Green, IN: equally priced homes
- Excel, AL: less expensive homes
- Frenchburg, KY: less expensive homes
- Gallitzin, PA: less expensive homes
- Omaha, TX: less expensive homes
- Homerville, OH: higher priced homes
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