
Home Price Key
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 $115,369, lower than the New Mexico average of $199,923.
The average cost of rent is $533/mo in Mora, primarily driven by the current value of real estate in the Mora area. While nearly 78.55% of residents own their homes outright in Mora, 14.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mora is $2,579 per month. Households that rent pay about 20.66% of their income on rent here. Mora's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Friendship, NC: equally priced homes
- Gladstone, VA: higher priced homes
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