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Affordable
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These days, finding an affordable place to live in the Mora area can be challenging. Home prices in Mora are now at a median cost of $144,421, lower than the New Mexico average of $265,486.
The average cost of rent is $1,120/mo in Mora, primarily driven by the current value of real estate in the Mora area. In Mora, 19.38% of households rent, and 70.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mora is $5,873 per month. Households that rent pay about 19.07% of their income on rent here. Mora’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cleveland, NM: higher priced homes
- Ledoux, NM: equally priced homes
- North Carmen, NM: equally priced homes
- Monte Aplanado, NM: equally priced homes
- South Carmen, NM: equally priced homes
- Penasco Blanco, NM: equally priced homes
- Buena Vista, NM: less expensive homes
- Holman, NM: equally priced homes
- Rainsville, NM: less expensive homes
- Tierra Monte, NM: higher priced homes
Cities with Similar Populations
- Gustavus, AK: higher priced homes
- Foster Brook, PA: less expensive homes
- Fox Bluff, TN: higher priced homes
- Frametown, WV: less expensive homes
- Francis, WV: less expensive homes
- Franklin, KS: less expensive homes
- Franklintown, PA: higher priced homes
- French Creek, WV: equally priced homes
- Friendship, NC: higher priced homes
- Gladstone, VA: higher priced homes
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