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Affordable
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These days, finding an affordable place to live in the Luna area can be challenging. Home prices in Luna are now at a median cost of $114,000, lower than the New Mexico average of $265,486.
The average cost of rent is $718/mo in Luna, primarily driven by the current value of real estate in the Luna area. In Luna, 12.63% of households rent, and 63.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Luna is $2,615 per month. Households that rent pay about 27.46% of their income on rent here. Luna’s most expensive areas are in the central 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
- Alpine, AZ: higher priced homes
- Reserve, NM: equally priced homes
- San Francisco Plaza, NM: higher priced homes
- Cruzville, NM: equally priced homes
- Nutrioso, AZ: higher priced homes
- Aragon, NM: higher priced homes
- Fort Apache, AZ: equally priced homes
- Seven Mile, AZ: equally priced homes
- Whiteriver, AZ: less expensive homes
- Fort Apache Junction, AZ: less expensive homes
Cities with Similar Populations
- Eram, OK: higher priced homes
- West Deerfield, MA: higher priced homes
- West Hoosick, NY: higher priced homes
- West Leroy, PA: higher priced homes
- West Lodi, OH: higher priced homes
- Fort Rock, OR: higher priced homes
- Eureka, IN: higher priced homes
- Etna, MN: higher priced homes
- Ethel, MO: higher priced homes
- Estillfork, AL: higher priced homes
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