Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Raton area can be challenging. Home prices in Raton are now at a median cost of $116,146, lower than the New Mexico average of $199,923.
The average cost of rent is $605/mo in Raton, primarily driven by the current value of real estate in the Raton area. While nearly 52.84% of residents own their homes outright in Raton, 32.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Raton is $3,177 per month. Households that rent pay about 19.05% of their income on rent here. Raton's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Capulin, NM: higher priced homes
- Folsom, NM: higher priced homes
- Des Moines, NM: higher priced homes
- Ventero, NM: higher priced homes
- Red River, NM: higher priced homes
- Amalia, NM: higher priced homes
- Costilla, NM: higher priced homes
- Questa, NM: higher priced homes
- Cerro, NM: higher priced homes
- North Colfax Union, NM: higher priced homes
Cities with Similar Populations
- Westminster, MA: higher priced homes
- Apple Creek, OH: higher priced homes
- Appomattox, VA: higher priced homes
- Archbald, PA: higher priced homes
- Archer, FL: higher priced homes
- Ardmore, AL: higher priced homes
- Ardsley, NY: higher priced homes
- Armonk, NY: higher priced homes
- Arnaudville, LA: higher priced homes
- Ashdown, AR: equally priced homes
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