The Most Affordable Neighborhoods in Mariano Lake, NM by Home Value

 

Mariano Lake, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mariano Lake area can be challenging. Home prices in Mariano Lake are now at a median cost of $103,900, lower than the New Mexico average of $199,923.

The average cost of rent is $303/mo in Mariano Lake, primarily driven by the current value of real estate in the Mariano Lake area. While nearly 82.24% of residents own their homes outright in Mariano Lake, 55.29% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mariano Lake is $1,273 per month. Households that rent pay about 23.81% of their income on rent here. Mariano Lake's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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