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These days, finding an affordable place to live in the Mesquite area can be challenging. Home prices in Mesquite are now at a median cost of $141,600, lower than the New Mexico average of $265,486.
The average cost of rent is $704/mo in Mesquite, primarily driven by the current value of real estate in the Mesquite area. In Mesquite, 15.34% of households rent, and 67.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mesquite is $3,883 per month. Households that rent pay about 18.13% of their income on rent here. Mesquite’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Vado, NM: equally priced homes
- La Mesa, NM: higher priced homes
- San Miguel, NM: higher priced homes
- Berino, NM: higher priced homes
- Chamberino, NM: higher priced homes
- Santo Tomas, NM: higher priced homes
- Mesilla Park, NM: higher priced homes
- Anthony, NM: higher priced homes
- Mesilla, NM: higher priced homes
- Chaparral, NM: less expensive homes
Cities with Similar Populations
- Shrewsbury, NJ: higher priced homes
- Rogers City, MI: less expensive homes
- Riverdale, MD: higher priced homes
- Tonkawa, OK: less expensive homes
- Tohatchi, NM: less expensive homes
- Riva, MD: higher priced homes
- South Blooming Grove, NY: higher priced homes
- San Juan Bautista, CA: higher priced homes
- Roan Mountain, TN: higher priced homes
- St. Bernard, OH: higher priced homes
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