Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rinconada area can be challenging. Home prices in Rinconada are now at a median cost of $186,410, lower than the New Mexico average of $199,923.
The average cost of rent is $586/mo in Rinconada, primarily driven by the current value of real estate in the Rinconada area. While nearly 81.88% of residents own their homes outright in Rinconada, 10.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rinconada is $3,106 per month. Households that rent pay about 18.86% of their income on rent here. Rinconada's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Embudo, NM: equally priced homes
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Cities with Similar Populations
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- Plush, OR: less expensive homes
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- Pinkneyville, AL: less expensive homes
- Perryman, MD: higher priced homes
- Perronville, MI: less expensive homes
- Robertson, TX: less expensive homes
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