The Most Affordable Neighborhoods in Rodey, NM by Home Value

 

Rodey, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Rodey area can be challenging. Home prices in Rodey are now at a median cost of $69,957, lower than the New Mexico average of $199,923.

The average cost of rent is $451/mo in Rodey, primarily driven by the current value of real estate in the Rodey area. While nearly 80.88% of residents own their homes outright in Rodey, 15.87% rent.

Housing affordability isn’t just about home prices, though. The average household income in Rodey is $3,861 per month. Households that rent pay about 11.69% of their income on rent here. Rodey's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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