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Affordable
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These days, finding an affordable place to live in the Quemado area can be challenging. Home prices in Quemado are now at a median cost of $274,891, higher than the New Mexico average of $265,486.
The average cost of rent is $737/mo in Quemado, primarily driven by the current value of real estate in the Quemado area. In Quemado, 8.77% of households rent, and 82.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Quemado is $5,127 per month. Households that rent pay about 14.37% of their income on rent here. Quemado’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pie Town, NM: equally priced homes
- Red Hill, NM: equally priced homes
- St. Johns, AZ: less expensive homes
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- Magdalena, NM: less expensive homes
- Concho, AZ: less expensive homes
- Vernon, AZ: less expensive homes
- White Mountain Lake, AZ: less expensive homes
- San Acacia, NM: equally priced homes
- Show Low, AZ: higher priced homes
Cities with Similar Populations
- Millville, OH: higher priced homes
- Reddock Springs, AL: less expensive homes
- Nokomis, AL: less expensive homes
- New Vienna, IA: less expensive homes
- New Alexandria, OH: less expensive homes
- Neponset, IL: less expensive homes
- Mullett Lake, MI: less expensive homes
- Mowrystown, OH: less expensive homes
- Mora, GA: less expensive homes
- Moffitt, TX: less expensive homes
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