Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Penasco Blanco area can be challenging. Home prices in Penasco Blanco are now at a median cost of $107,731, lower than the New Mexico average of $199,923.
The average cost of rent is $552/mo in Penasco Blanco, primarily driven by the current value of real estate in the Penasco Blanco area. While nearly 82.08% of residents own their homes outright in Penasco Blanco, 9.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penasco Blanco is $2,623 per month. Households that rent pay about 21.04% of their income on rent here. Penasco Blanco's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- South Carmen, NM: equally priced homes
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- North Carmen, NM: equally priced homes
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- Upper Rociada, NM: higher priced homes
- Monte Aplanado, NM: equally priced homes
- Mora, NM: equally priced homes
- Buena Vista, NM: equally priced homes
- Manuelitas, NM: higher priced homes
Cities with Similar Populations
- Scroggsfield, OH: higher priced homes
- Mason Neck, VA: higher priced homes
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- Masten, PA: higher priced homes
- Mattox, TX: less expensive homes
- Mattson, MN: equally priced homes
- Mayville, OR: higher priced homes
- Mc Indoe Falls, VT: higher priced homes
- McAfee, MS: less expensive homes
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