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Affordable
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These days, finding an affordable place to live in the Mayhill area can be challenging. Home prices in Mayhill are now at a median cost of $296,798, higher than the New Mexico average of $265,486.
The average cost of rent is $763/mo in Mayhill, primarily driven by the current value of real estate in the Mayhill area. In Mayhill, 20.80% of households rent, and 59.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mayhill is $6,845 per month. Households that rent pay about 11.15% of their income on rent here. Mayhill’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Mount Vernon Club Place, CO: higher priced homes
- Rolling Fields, KY: higher priced homes
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- Robtown, OH: higher priced homes
- Rivergrove, OR: higher priced homes
- New Vineyard, ME: less expensive homes
- Nevada, KY: less expensive homes
- Muddyfork, AR: less expensive homes
- Mountville, GA: less expensive homes
- Rosedale, LA: less expensive homes
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