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Affordable
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These days, finding an affordable place to live in the Mexican Springs area can be challenging. Home prices in Mexican Springs are now at a median cost of $53,184, lower than the New Mexico average of $265,486.
The average cost of rent is $680/mo in Mexican Springs, primarily driven by the current value of real estate in the Mexican Springs area. In Mexican Springs, 9.23% of households rent, and 91.91% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mexican Springs is $3,327 per month. Households that rent pay about 20.45% of their income on rent here. Mexican Springs’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Yatahey, NM: less expensive homes
- Yah-ta-hey, NM: less expensive homes
- Brimhall, NM: higher priced homes
- Window Rock, NM: equally priced homes
- Fort Defiance, NM: equally priced homes
- Fort Defiance, AZ: less expensive homes
- Window Rock, AZ: higher priced homes
- St. Michaels, AZ: higher priced homes
- Sawmill, AZ: equally priced homes
- Standing Rock, NM: higher priced homes
Cities with Similar Populations
- Fairfax, OK: higher priced homes
- Spurger, TX: higher priced homes
- Springer, NM: higher priced homes
- Goldsboro, MD: higher priced homes
- Glenville, MN: higher priced homes
- Forrest, IL: higher priced homes
- Falls, PA: higher priced homes
- Fairton, NJ: higher priced homes
- Fairplay, MD: higher priced homes
- St. Joseph, LA: higher priced homes
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