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 $211,693, higher than the New Mexico average of $199,923.

The average cost of rent is $709/mo in Rio Arriba County, primarily driven by the current value of real estate in the Rio Arriba County area. While nearly 68.32% of residents own their homes outright in Rio Arriba County, 21.53% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rio Arriba County is $3,955 per month. Households that rent pay about 17.94% of their income on rent here. Rio Arriba County's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the county.


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