The Most Affordable Neighborhoods in Rio Arriba County, NM by Home Value

 

Rio Arriba County, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rio Arriba County area can be challenging. Home prices in Rio Arriba County are now at a median cost of $241,288, lower than the New Mexico average of $265,486.

The average cost of rent is $770/mo in Rio Arriba County, primarily driven by the current value of real estate in the Rio Arriba County area. In Rio Arriba County, 20.00% of households rent, and 65.79% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Rio Arriba County is $5,535 per month. Households that rent pay about 13.91% of their income on rent here. Rio Arriba County’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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