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Expensive
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These days, finding an affordable place to live in the Northwest area can be challenging. Home prices in Northwest are now at a median cost of $295,380, higher than the El Paso average of $190,428.
The average cost of rent is $1,426/mo in Northwest, primarily driven by the current value of real estate in the Northwest area. In Northwest, 34.08% of households rent, and 41.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northwest is $8,094 per month. Households that rent pay about 17.61% of their income on rent here. Northwest’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Coronado, El Paso, TX: less expensive homes
- Zach White, El Paso, TX: higher priced homes
- Mesa Hills, El Paso, TX: less expensive homes
- Mission Hills, El Paso, TX: less expensive homes
- Angels Triangle, El Paso, TX: less expensive homes
- Central, El Paso, TX: less expensive homes
- Northeast, El Paso, TX: less expensive homes
- North Hills, El Paso, TX: less expensive homes
- Cielo Vista South, El Paso, TX: less expensive homes
- El Paso Lower Valley, El Paso, TX: less expensive homes
Neighborhoods with Similar Populations
- Westlake, Los Angeles, CA: higher priced homes
- Williamsburg, Brooklyn, NY: higher priced homes
- West Houston, Houston, TX: higher priced homes
- West San Jose, San Jose, CA: higher priced homes
- South Side, Corpus Christi, TX: less expensive homes
- Paradise Valley, Phoenix, AZ: higher priced homes
- Southeast Los Angeles, Los Angeles, CA: higher priced homes
- Spring Branch, Houston, TX: higher priced homes
- South Mountain, Phoenix, AZ: higher priced homes
- Sunset Park, Brooklyn, NY: higher priced homes
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