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These days, finding an affordable place to live in the Red Hill area can be challenging. Home prices in Red Hill are now at a median cost of $278,286, higher than the New Mexico average of $265,486.
The average cost of rent is $735/mo in Red Hill, primarily driven by the current value of real estate in the Red Hill area. In Red Hill, 0.25% of households rent, and 98.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Red Hill is $4,276 per month. Households that rent pay about 17.20% of their income on rent here. Red Hill’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Escudilla Bonita, NM: equally priced homes
- Springerville, AZ: less expensive homes
- Eagar, AZ: less expensive homes
- Quemado, NM: equally priced homes
- Pie Town, NM: equally priced homes
- Vernon, AZ: less expensive homes
- Pinetop Country Club, AZ: higher priced homes
- Pinetop, AZ: less expensive homes
- Pinetop-Lakeside, AZ: higher priced homes
- Lakeside, AZ: higher priced homes
Cities with Similar Populations
- Allenville, IL: less expensive homes
- Arbon, ID: less expensive homes
- Bannack, MT: equally priced homes
- Abbot Village, ME: less expensive homes
- Amigo, WV: less expensive homes
- Arnold, MI: less expensive homes
- Alton, UT: higher priced homes
- Alloy, WV: less expensive homes
- Alice, ND: less expensive homes
- Alfred, ND: less expensive homes
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