Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Roy area can be challenging. Home prices in Roy are now at a median cost of $78,724, lower than the New Mexico average of $199,923.
The average cost of rent is $909/mo in Roy, primarily driven by the current value of real estate in the Roy area. While nearly 82.93% of residents own their homes outright in Roy, 33.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Roy is $2,993 per month. Households that rent pay about 30.38% of their income on rent here. Roy's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mills, NM: equally priced homes
- Mosquero, NM: equally priced homes
- Wagon Mound, NM: higher priced homes
- Bueyeros, NM: higher priced homes
- Rosebud, NM: higher priced homes
- Valmora, NM: higher priced homes
- Hayden, NM: higher priced homes
- Ojo Feliz, NM: higher priced homes
- Golondrinas, NM: higher priced homes
- Rainsville, NM: higher priced homes
Cities with Similar Populations
- Slate, VA: higher priced homes
- Imogene, IA: higher priced homes
- Indian Grove, MO: higher priced homes
- Ingrams Mill, MS: higher priced homes
- Iowa Center, IA: higher priced homes
- Island View, MI: higher priced homes
- Iuka, KS: higher priced homes
- Ivy Log, GA: higher priced homes
- Jermyn, TX: higher priced homes
- Jerseytown, PA: higher priced homes
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