Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pep area can be challenging. Home prices in Pep are now at a median cost of $113,900, lower than the New Mexico average of $199,923.
The average cost of rent is $622/mo in Pep, primarily driven by the current value of real estate in the Pep area. While nearly 70.79% of residents own their homes outright in Pep, 34.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pep is $4,727 per month. Households that rent pay about 13.16% of their income on rent here. Pep's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Dora, NM: equally priced homes
- Rogers, NM: equally priced homes
- Lingo, NM: equally priced homes
- Causey, NM: equally priced homes
- Elida, NM: higher priced homes
- Kenna, NM: higher priced homes
- Needmore, TX: higher priced homes
- Maple, TX: higher priced homes
- Enochs, TX: equally priced homes
- Morton, TX: less expensive homes
Cities with Similar Populations
- Lorraine, TN: equally priced homes
- Logandale, NV: higher priced homes
- Loma Linda East, TX: less expensive homes
- Lombardy Grove, VA: equally priced homes
- Lone Pine, ID: higher priced homes
- Lonerock, OR: higher priced homes
- Lonetree, WY: higher priced homes
- Long Valley, AZ: higher priced homes
- Longbottom, VA: higher priced homes
- Longisland, NC: higher priced homes
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