Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montoya area can be challenging. Home prices in Montoya are now at a median cost of $112,500, lower than the New Mexico average of $199,923.
The average cost of rent is $431/mo in Montoya, primarily driven by the current value of real estate in the Montoya area. While nearly 79.22% of residents own their homes outright in Montoya, 24.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montoya is $3,109 per month. Households that rent pay about 13.86% of their income on rent here. Montoya's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Tucumcari, NM: less expensive homes
- Newkirk, NM: equally priced homes
- San Jon, NM: less expensive homes
- Bard, NM: equally priced homes
- Glenrio, TX: equally priced homes
- La Loma, NM: less expensive homes
- Upper Dilia, NM: less expensive homes
- Llano Del Medio, NM: less expensive homes
- Anton Chico, NM: less expensive homes
- Tecolotito, NM: equally priced homes
Cities with Similar Populations
- Sadie, LA: less expensive homes
- Mc Indoe Falls, VT: higher priced homes
- McCullochs Mills, PA: higher priced homes
- McCullough, AL: equally priced homes
- McDowell, AL: higher priced homes
- McGees Mills, PA: less expensive homes
- McGuire Park, WV: higher priced homes
- McKee, PA: higher priced homes
- McNeals Corner, VA: higher priced homes
- McPhersonville, SC: less expensive homes
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