Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ranchito area can be challenging. Home prices in Ranchito are now at a median cost of $329,894, higher than the New Mexico average of $199,923.
The average cost of rent is $956/mo in Ranchito, primarily driven by the current value of real estate in the Ranchito area. While nearly 41.15% of residents own their homes outright in Ranchito, 12.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ranchito is $7,163 per month. Households that rent pay about 13.34% of their income on rent here. Ranchito's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Taos, NM: equally priced homes
- Ranchos de Taos, NM: equally priced homes
- El Prado, NM: higher priced homes
- Trampas, NM: less expensive homes
- Taos Pueblo, NM: equally priced homes
- Lucero, NM: less expensive homes
- Talpa, NM: equally priced homes
- Carson, NM: less expensive homes
- Valle Escondido, NM: less expensive homes
- Picuris Pueblo, NM: less expensive homes
Cities with Similar Populations
- Piercy, CA: higher priced homes
- Pomona, GA: less expensive homes
- Pleasant Lane, SC: less expensive homes
- Pleasant Hill, TX: less expensive homes
- Pleasant Grove, TX: less expensive homes
- Pleasant Gap, MO: less expensive homes
- Plattsville, PA: less expensive homes
- Pisek, ND: less expensive homes
- Pine Ridge, AR: less expensive homes
- Ponset, CT: higher priced homes
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