Home Price Key
Affordable
Average
Expensive
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 $62,640, lower than the New Mexico average of $199,923.
The average cost of rent is $444/mo in Rincon, primarily driven by the current value of real estate in the Rincon area. While nearly 91.77% of residents own their homes outright in Rincon, 20.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rincon is $2,853 per month. Households that rent pay about 15.58% of their income on rent here. Rincon's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Hatch, NM: higher priced homes
- Rodey, NM: higher priced homes
- Salem, NM: higher priced homes
- Radium Springs, NM: higher priced homes
- Garfield, NM: equally priced homes
- Derry, NM: higher priced homes
- Sherman, NM: equally priced homes
- Faywood, NM: higher priced homes
- Fort Bayard, NM: equally 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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