Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mimbres area can be challenging. Home prices in Mimbres are now at a median cost of $171,256, lower than the New Mexico average of $199,923.
The average cost of rent is $660/mo in Mimbres, primarily driven by the current value of real estate in the Mimbres area. While nearly 54.74% of residents own their homes outright in Mimbres, 18.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mimbres is $3,697 per month. Households that rent pay about 17.85% of their income on rent here. Mimbres's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hanover, NM: less expensive homes
- San Lorenzo, NM: less expensive homes
- Fort Bayard, NM: less expensive homes
- Sherman, NM: less expensive homes
- Vanadium, NM: less expensive homes
- Bayard, NM: less expensive homes
- Santa Clara, NM: less expensive homes
- Pinos Altos, NM: higher priced homes
- Arenas Valley, NM: equally priced homes
- Hurley, NM: less expensive homes
Cities with Similar Populations
- Guffey, CO: higher priced homes
- Gillisonville, SC: equally priced homes
- Glen Daniel, WV: less expensive homes
- Glengary, OR: higher priced homes
- Gough, GA: less expensive homes
- Grant, TN: higher priced homes
- Gravel Hill, MO: less expensive homes
- Greenland, OH: less expensive homes
- Gresston, GA: less expensive homes
- Grove Park, FL: equally priced homes
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