Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Luna County area can be challenging. Home prices in Luna County are now at a median cost of $142,281, lower than the New Mexico average of $265,486.
The average cost of rent is $797/mo in Luna County, primarily driven by the current value of real estate in the Luna County area. In Luna County, 29.12% of households rent, and 58.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Luna County is $3,297 per month. Households that rent pay about 24.17% of their income on rent here. Luna County’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Dona Ana County, NM: higher priced homes
- Hidalgo County, NM: less expensive homes
- Pima County, AZ: higher priced homes
- Andrews County, TX: higher priced homes
- Martin County, TX: higher priced homes
- Howard County, TX: higher priced homes
- Mitchell County, TX: less expensive homes
- Callahan County, TX: equally priced homes
- Eastland County, TX: equally priced homes
- Erath County, TX: higher priced homes
Counties with Similar Populations
- Taylor County, FL: equally priced homes
- Colonial Heights City, VA: higher priced homes
- Colorado County, TX: higher priced homes
- Columbia County, AR: higher priced homes
- Colusa County, CA: higher priced homes
- Comerio Municipio, PR: less expensive homes
- Concordia Parish, LA: less expensive homes
- Conway County, AR: equally priced homes
- Cook County, GA: higher priced homes
- Cooper County, MO: higher priced homes
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