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Affordable
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These days, finding an affordable place to live in the Peralta area can be challenging. Home prices in Peralta are now at a median cost of $304,758, higher than the New Mexico average of $265,486.
The average cost of rent is $1,166/mo in Peralta, primarily driven by the current value of real estate in the Peralta area. In Peralta, 16.22% of households rent, and 41.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peralta is $5,950 per month. Households that rent pay about 19.60% of their income on rent here. Peralta’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bosque Farms, NM: equally priced homes
- Valencia, NM: less expensive homes
- Los Lunas, NM: less expensive homes
- Los Lentes, NM: equally priced homes
- Isleta, NM: less expensive homes
- Tome, NM: higher priced homes
- Isleta Village Proper, NM: less expensive homes
- El Cerro, NM: less expensive homes
- Los Chaves, NM: less expensive homes
- Dalies, NM: equally priced homes
Cities with Similar Populations
- Bradley Beach, NJ: higher priced homes
- Whitehall, NY: less expensive homes
- Wewoka, OK: less expensive homes
- Waverly City, OH: less expensive homes
- South Russell, OH: higher priced homes
- Sinking Spring, PA: equally priced homes
- Shenandoah, TX: higher priced homes
- San Quentin, CA: higher priced homes
- Ragland, AL: less expensive homes
- Primos, PA: equally priced homes
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