Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Midway area can be challenging. Home prices in Midway are now at a median cost of $153,884, lower than the New Mexico average of $199,923.
The average cost of rent is $739/mo in Midway, primarily driven by the current value of real estate in the Midway area. While nearly 67.37% of residents own their homes outright in Midway, 23.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $4,509 per month. Households that rent pay about 16.40% of their income on rent here. Midway's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Roswell, NM: less expensive homes
- Mountain View, NM: higher priced homes
- Picacho, NM: higher priced homes
- Hondo, NM: higher priced homes
- San Patricio, NM: equally priced homes
- Lincoln, NM: higher priced homes
- Crossroads, NM: less expensive homes
- Glencoe, NM: equally priced homes
- Fort Stanton, NM: higher priced homes
- Ruidoso Downs, NM: equally priced homes
Cities with Similar Populations
- Plantersville, VA: equally priced homes
- Morehouseville, NY: less expensive homes
- Moreland, NY: less expensive homes
- Morgandale, OH: equally priced homes
- Mount Andrew, AL: less expensive homes
- Mount Hebron, CA: higher priced homes
- Mount Judea, AR: less expensive homes
- Mugginsville, CA: higher priced homes
- Munson, MI: less expensive homes
- North Wade, ME: less expensive homes
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