Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rainsville area can be challenging. Home prices in Rainsville are now at a median cost of $103,826, lower than the New Mexico average of $199,923.
The average cost of rent is $563/mo in Rainsville, primarily driven by the current value of real estate in the Rainsville area. While nearly 82.74% of residents own their homes outright in Rainsville, 6.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rainsville is $2,879 per month. Households that rent pay about 19.55% of their income on rent here. Rainsville's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Buena Vista, NM: equally priced homes
- Golondrinas, NM: equally priced homes
- Ojo Feliz, NM: equally priced homes
- North Carmen, NM: equally priced homes
- Mora, NM: higher priced homes
- South Carmen, NM: equally priced homes
- Ledoux, NM: higher priced homes
- Cleveland, NM: higher priced homes
- Penasco Blanco, NM: equally priced homes
- Holman, NM: higher priced homes
Cities with Similar Populations
- Zenda, WI: higher priced homes
- Wood, SD: less expensive homes
- Wonalancet, NH: higher priced homes
- Womacks, VA: higher priced homes
- Amelia, NE: higher priced homes
- Alum Bridge, WV: equally priced homes
- Altona, IN: equally priced homes
- Algiers, IN: higher priced homes
- Alger, WA: higher priced homes
- Alcoa Center, PA: higher priced homes
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