Expensive
Affordable
Affordable
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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 $326,410, higher than the New Mexico average of $265,486.
The average cost of rent is $906/mo in Rinconada, primarily driven by the current value of real estate in the Rinconada area. In Rinconada, 15.05% of households rent, and 68.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rinconada is $5,530 per month. Households that rent pay about 16.39% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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