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Affordable
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These days, finding an affordable place to live in the Rincon area can be challenging. Home prices in Rincon are now at a median cost of $82,581, lower than the New Mexico average of $265,486.
The average cost of rent is $544/mo in Rincon, primarily driven by the current value of real estate in the Rincon area. In Rincon, 14.35% of households rent, and 96.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rincon is $2,863 per month. Households that rent pay about 19.00% of their income on rent here. Rincon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hatch, NM: higher priced homes
- Rodey, NM: higher priced homes
- Salem, NM: equally priced homes
- Radium Springs, NM: higher priced homes
- Garfield, NM: equally priced homes
- Derry, NM: higher priced homes
- Sherman, NM: higher priced homes
- Faywood, NM: higher priced homes
- Fort Bayard, NM: higher priced homes
- Whitewater, NM: higher priced homes
Cities with Similar Populations
- Jollett, VA: higher priced homes
- Sherman, SD: higher priced homes
- Sheridan, WI: higher priced homes
- Shady Grove, IL: higher priced homes
- Servia, IN: higher priced homes
- Seneca, MS: higher priced homes
- Sechlerville, WI: higher priced homes
- Schultz, WV: higher priced homes
- Kelvin, ND: higher priced homes
- Juliustown, NJ: higher priced homes
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