The Most Affordable Neighborhoods in Quay County, NM by Home Value

These days, finding an affordable place to live in the Quay County area can be challenging. Home prices in Quay County are now at a median cost of $109,707, lower than the New Mexico average of $265,486.

The average cost of rent is $995/mo in Quay County, primarily driven by the current value of real estate in the Quay County area. In Quay County, 28.41% of households rent, and 64.64% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Quay County is $3,808 per month. Households that rent pay about 26.12% of their income on rent here. Quay County’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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