Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montezuma area can be challenging. Home prices in Montezuma are now at a median cost of $262,109, higher than the New Mexico average of $199,923.
The average cost of rent is $602/mo in Montezuma, primarily driven by the current value of real estate in the Montezuma area. While nearly 83.51% of residents own their homes outright in Montezuma, 18.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montezuma is $2,782 per month. Households that rent pay about 21.65% of their income on rent here. Montezuma's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Los Vigiles, NM: less expensive homes
- Las Tusas, NM: less expensive homes
- Mineral Hill, NM: less expensive homes
- Sapello, NM: less expensive homes
- Las Vegas, NM: less expensive homes
- San Pablo, NM: less expensive homes
- Romeroville, NM: less expensive homes
- La Manga, NM: less expensive homes
- Gabaldon, NM: less expensive homes
- La Cueva, NM: less expensive homes
Cities with Similar Populations
- Garryowen, MT: less expensive homes
- Granada, CO: less expensive homes
- Glenvil, NE: less expensive homes
- Glens Fork, KY: less expensive homes
- Glenaire, MO: higher priced homes
- Gilman City, MO: less expensive homes
- Gillett Corner, MA: higher priced homes
- Geigertown, PA: higher priced homes
- Gasburg, VA: less expensive homes
- Grants Lick, KY: equally priced homes
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