The Most Affordable Neighborhoods in Mora County, NM by Home Value

 

Mora County, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mora County area can be challenging. Home prices in Mora County are now at a median cost of $144,214, lower than the New Mexico average of $265,486.

The average cost of rent is $957/mo in Mora County, primarily driven by the current value of real estate in the Mora County area. In Mora County, 13.26% of households rent, and 80.21% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mora County is $4,469 per month. Households that rent pay about 21.41% of their income on rent here. Mora County’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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