The Most Affordable Neighborhoods in Santa Fe County, NM by Home Value

 

Santa Fe County, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Santa Fe County area can be challenging. Home prices in Santa Fe County are now at a median cost of $340,554, higher than the New Mexico average of $199,923.

The average cost of rent is $1,242/mo in Santa Fe County, primarily driven by the current value of real estate in the Santa Fe County area. While nearly 46.44% of residents own their homes outright in Santa Fe County, 24.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Santa Fe County is $5,697 per month. Households that rent pay about 21.80% of their income on rent here. Santa Fe County's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the county.


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