Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Otero County area can be challenging. Home prices in Otero County are now at a median cost of $159,204, lower than the New Mexico average of $265,486.
The average cost of rent is $972/mo in Otero County, primarily driven by the current value of real estate in the Otero County area. In Otero County, 33.01% of households rent, and 54.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otero County is $4,942 per month. Households that rent pay about 19.67% of their income on rent here. Otero County’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Grant County, NM: higher priced homes
- Lea County, NM: higher priced homes
- Gaines County, TX: higher priced homes
- Graham County, AZ: higher priced homes
- Dawson County, TX: less expensive homes
- Borden County, TX: less expensive homes
- Scurry County, TX: less expensive homes
- Fisher County, TX: less expensive homes
- Jones County, TX: less expensive homes
- Shackelford County, TX: higher priced homes
Counties with Similar Populations
- Ward County, ND: higher priced homes
- Carbon County, PA: higher priced homes
- Carteret County, NC: higher priced homes
- Catoosa County, GA: higher priced homes
- Chaves County, NM: equally priced homes
- Union County, OH: higher priced homes
- Vermilion County, IL: less expensive homes
- Walker County, AL: equally priced homes
- Walla Walla County, WA: higher priced homes
- Allegany County, MD: equally priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood