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These days, finding an affordable place to live in the San Rafael area can be challenging. Home prices in San Rafael are now at a median cost of $154,125, lower than the New Mexico average of $265,486.
The average cost of rent is $787/mo in San Rafael, primarily driven by the current value of real estate in the San Rafael area. In San Rafael, 11.12% of households rent, and 43.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in San Rafael is $6,663 per month. Households that rent pay about 11.81% of their income on rent here. San Rafael’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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- Cubero, NM: equally priced homes
Cities with Similar Populations
- Gardiner, MT: higher priced homes
- Templeton, PA: less expensive homes
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- Hot Springs, NC: equally priced homes
- Hainesville, NJ: higher priced homes
- Greenview, CA: higher priced homes
- Green Pond, AL: higher priced homes
- Gratz, PA: higher priced homes
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