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These days, finding an affordable place to live in the Regina area can be challenging. Home prices in Regina are now at a median cost of $156,933, lower than the New Mexico average of $265,486.
The average cost of rent is $821/mo in Regina, primarily driven by the current value of real estate in the Regina area. In Regina, 19.16% of households rent, and 77.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Regina is $4,446 per month. Households that rent pay about 18.47% of their income on rent here. Regina’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- La Jara, NM: less expensive homes
- Llaves, NM: higher priced homes
- Gallina, NM: higher priced homes
- Lindrith, NM: higher priced homes
- Coyote, NM: higher priced homes
- Youngsville, NM: higher priced homes
- Canones, NM: higher priced homes
- Counselor, NM: less expensive homes
- Barranca, NM: higher priced homes
- Abiquiu, NM: higher priced homes
Cities with Similar Populations
- Queen, NM: higher priced homes
- Renfroe, GA: less expensive homes
- Reedsburg, OH: higher priced homes
- Redwing, KS: equally priced homes
- Redwine, KY: less expensive homes
- Redstone, MT: less expensive homes
- Redrock, NM: higher priced homes
- Redbird, WY: higher priced homes
- Ralph, SD: higher priced homes
- Rain, KY: less expensive homes
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