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Affordable
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These days, finding an affordable place to live in the Ojito area can be challenging. Home prices in Ojito are now at a median cost of $113,892, lower than the New Mexico average of $265,486.
The average cost of rent is $435/mo in Ojito, primarily driven by the current value of real estate in the Ojito area. In Ojito, 15.46% of households rent, and 72.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ojito is $4,553 per month. Households that rent pay about 9.54% of their income on rent here. Ojito’s most expensive areas are in the southeastern 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
- La Puente, NM: higher priced homes
- Cebolla, NM: higher priced homes
- Las Nutrias, NM: higher priced homes
- Canjilon, NM: higher priced homes
- Bloomfield, NM: higher priced homes
- Vallecitos, NM: higher priced homes
- Tinian, NM: equally priced homes
- Napi Headquarters, NM: less expensive homes
- Las Tablas, NM: higher priced homes
- Petaca, NM: higher priced homes
Cities with Similar Populations
- Burns City, IN: higher priced homes
- White Pines, CA: higher priced homes
- Canale, AR: less expensive homes
- Canaan, WV: higher priced homes
- Canaan, MO: higher priced homes
- Calista, KS: equally priced homes
- Cahuilla, CA: higher priced homes
- Cactus Forest, AZ: higher priced homes
- Byrds Creek, WI: higher priced homes
- Byers, KS: equally priced homes
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