Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Maljamar area can be challenging. Home prices in Maljamar are now at a median cost of $130,049, lower than the New Mexico average of $199,923.
The average cost of rent is $859/mo in Maljamar, primarily driven by the current value of real estate in the Maljamar area. While nearly 68.08% of residents own their homes outright in Maljamar, 9.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in Maljamar is $7,972 per month. Households that rent pay about 10.78% of their income on rent here. Maljamar's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Loco Hills, NM: higher priced homes
- Caprock, NM: equally priced homes
- Lovington, NM: higher priced homes
- Hillburn City, NM: higher priced homes
- Humble City, NM: higher priced homes
- Prairieview, NM: higher priced homes
- Riverside, NM: higher priced homes
- Lake Arthur, NM: equally priced homes
- Artesia, NM: higher priced homes
- Higginbotham, TX: higher priced homes
Cities with Similar Populations
- Glenrock, NE: less expensive homes
- Vincent, AR: less expensive homes
- Vine Creek, KS: higher priced homes
- Walesville, NY: higher priced homes
- Wells, KY: equally priced homes
- Wenona, NC: less expensive homes
- Gross, NE: less expensive homes
- Grist, NC: less expensive homes
- Gravelridge, AR: less expensive homes
- Gouldbusk, TX: higher priced homes
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