Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ocate area can be challenging. Home prices in Ocate are now at a median cost of $114,488, lower than the New Mexico average of $199,923.
The average cost of rent is $575/mo in Ocate, primarily driven by the current value of real estate in the Ocate area. While nearly 76.08% of residents own their homes outright in Ocate, 8.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ocate is $3,657 per month. Households that rent pay about 15.71% of their income on rent here. Ocate's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Los Hueros, NM: equally priced homes
- Val Verde, NM: higher priced homes
- Guadalupita, NM: equally priced homes
- Lake View Pines, NM: higher priced homes
- Idlewild, NM: higher priced homes
- Angel Fire, NM: higher priced homes
- Chacon, NM: equally priced homes
- Valle Escondido, NM: higher priced homes
- Miami, NM: higher priced homes
- Tres Ritos, NM: higher priced homes
Cities with Similar Populations
- West Freedom, PA: less expensive homes
- Chance, KY: equally priced homes
- Wayne, NY: higher priced homes
- Welge, IL: higher priced homes
- Wellwood, TN: higher priced homes
- Werner, ND: higher priced homes
- West Colesville, NY: equally priced homes
- West Creek, PA: less expensive homes
- West Ely, MO: higher priced homes
- West End, WV: less expensive homes
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