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Affordable
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These days, finding an affordable place to live in the Reserve area can be challenging. Home prices in Reserve are now at a median cost of $115,141, lower than the New Mexico average of $265,486.
The average cost of rent is $718/mo in Reserve, primarily driven by the current value of real estate in the Reserve area. In Reserve, 0.61% of households rent, and 88.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Reserve is $2,582 per month. Households that rent pay about 27.81% of their income on rent here. Reserve’s most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- San Francisco Plaza, NM: higher priced homes
- Lower San Francisco Plaza, NM: equally priced homes
- Cruzville, NM: equally priced homes
- Luna, NM: equally priced homes
- Alpine, AZ: higher priced homes
- Blue, AZ: higher priced homes
- Fort Apache, AZ: equally priced homes
- Seven Mile, AZ: equally priced homes
- Whiteriver, AZ: less expensive homes
- Fort Apache Junction, AZ: less expensive homes
Cities with Similar Populations
- McNabb, IL: higher priced homes
- Saco, MT: higher priced homes
- Ryo, GA: higher priced homes
- Roxbury, WI: higher priced homes
- Rockford, ID: higher priced homes
- Riverview Estates, KY: higher priced homes
- Minnetonka Beach, MN: higher priced homes
- Mineral Spring, MO: higher priced homes
- Milroy, MN: higher priced homes
- Mikana, WI: higher priced homes
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