Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sacramento area can be challenging. Home prices in Sacramento are now at a median cost of $78,300, lower than the New Mexico average of $199,923.
The average cost of rent is $771/mo in Sacramento, primarily driven by the current value of real estate in the Sacramento area. While nearly 73.50% of residents own their homes outright in Sacramento, 19.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sacramento is $4,849 per month. Households that rent pay about 15.90% of their income on rent here. Sacramento's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Weed, NM: higher priced homes
- Sunspot, NM: higher priced homes
- Timberon, NM: higher priced homes
- Pinon, NM: higher priced homes
- Alamogordo, NM: higher priced homes
- Holloman AFB, NM: higher priced homes
- Hope, NM: higher priced homes
- Artesia, NM: higher priced homes
- Atoka, NM: higher priced homes
- Riverside, NM: higher priced homes
Cities with Similar Populations
- Spades, IN: higher priced homes
- Kahana, HI: higher priced homes
- Snufftown, NY: higher priced homes
- South Calera, AL: higher priced homes
- South Dover, ME: higher priced homes
- South Hill, KY: less expensive homes
- South Horicon, NY: higher priced homes
- South River, NC: higher priced homes
- South Schroon, NY: higher priced homes
- Southam, ND: higher priced homes
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