Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Monte Aplanado area can be challenging. Home prices in Monte Aplanado are now at a median cost of $115,586, lower than the New Mexico average of $199,923.
The average cost of rent is $532/mo in Monte Aplanado, primarily driven by the current value of real estate in the Monte Aplanado area. While nearly 76.46% of residents own their homes outright in Monte Aplanado, 12.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monte Aplanado is $3,074 per month. Households that rent pay about 17.31% of their income on rent here. Monte Aplanado's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
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