Home Price Key
Affordable
Average
Expensive
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 $119,105, lower than the New Mexico average of $199,923.
The average cost of rent is $959/mo in Reserve, primarily driven by the current value of real estate in the Reserve area. While nearly 90.78% of residents own their homes outright in Reserve, 12.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reserve is $2,679 per month. Households that rent pay about 35.80% of their income on rent here. Reserve's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
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: less expensive homes
- Fort Apache, AZ: less expensive homes
- Seven Mile, AZ: less expensive 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: less expensive homes
- Roxbury, WI: higher priced homes
- Rockford, ID: higher priced homes
- Riverview Estates, KY: equally priced homes
- Minnetonka Beach, MN: higher priced homes
- Mineral Spring, MO: equally priced homes
- Milroy, MN: higher priced homes
- Mikana, WI: higher priced homes
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