Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Colfax Union area can be challenging. Home prices in North Colfax Union are now at a median cost of $278,280, higher than the New Mexico average of $199,923.
The average cost of rent is $500/mo in North Colfax Union, primarily driven by the current value of real estate in the North Colfax Union area. While nearly 85.11% of residents own their homes outright in North Colfax Union, 25.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Colfax Union is $3,272 per month. Households that rent pay about 15.29% of their income on rent here. North Colfax Union's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
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