The Most Affordable Neighborhoods in Lower Nutria, NM by Home Value

 

Lower Nutria, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lower Nutria area can be challenging. Home prices in Lower Nutria are now at a median cost of $123,781, lower than the New Mexico average of $199,923.

The average cost of rent is $1,045/mo in Lower Nutria, primarily driven by the current value of real estate in the Lower Nutria area. While nearly 60.53% of residents own their homes outright in Lower Nutria, 34.59% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lower Nutria is $7,847 per month. Households that rent pay about 13.32% of their income on rent here. Lower Nutria's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.


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