Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Placitas area can be challenging. Home prices in Placitas are now at a median cost of $391,825, higher than the New Mexico average of $199,923.
The average cost of rent is $1,129/mo in Placitas, primarily driven by the current value of real estate in the Placitas area. While nearly 52.47% of residents own their homes outright in Placitas, 15.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Placitas is $7,421 per month. Households that rent pay about 15.21% of their income on rent here. Placitas's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- El Llanito, NM: equally priced homes
- Bernalillo, NM: less expensive homes
- Algodones, NM: less expensive homes
- San Felipe Pueblo, NM: less expensive homes
- Domingo, NM: higher priced homes
- Corrales, NM: equally priced homes
- Ranchitos, NM: equally priced homes
- Rio Rancho, NM: less expensive homes
- Cerrillos, NM: less expensive homes
- Madrid, NM: less expensive homes
Cities with Similar Populations
- Custer, WA: equally priced homes
- Crescent City, FL: less expensive homes
- Cresco, IA: less expensive homes
- Creston, OH: less expensive homes
- Crewe, VA: less expensive homes
- Crisfield, MD: less expensive homes
- Crivitz, WI: less expensive homes
- Crooksville, OH: less expensive homes
- Cross Plains, TN: less expensive homes
- Cross Roads, TX: less expensive homes
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