The Most Affordable Neighborhoods in Ojo Feliz, NM by Home Value

 

Ojo Feliz, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ojo Feliz area can be challenging. Home prices in Ojo Feliz are now at a median cost of $105,329, lower than the New Mexico average of $199,923.

The average cost of rent is $527/mo in Ojo Feliz, primarily driven by the current value of real estate in the Ojo Feliz area. While nearly 78.37% of residents own their homes outright in Ojo Feliz, 17.76% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ojo Feliz is $3,294 per month. Households that rent pay about 15.99% of their income on rent here. Ojo Feliz's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.


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