Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Santa Teresa area can be challenging. Home prices in Santa Teresa are now at a median cost of $197,339, lower than the New Mexico average of $199,923.
The average cost of rent is $942/mo in Santa Teresa, primarily driven by the current value of real estate in the Santa Teresa area. While nearly 17.90% of residents own their homes outright in Santa Teresa, 26.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Santa Teresa is $5,093 per month. Households that rent pay about 18.50% of their income on rent here. Santa Teresa's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- El Paso, NM: higher priced homes
- Sunland Park, NM: less expensive homes
- Canutillo, TX: less expensive homes
- La Union, NM: higher priced homes
- Vinton, TX: less expensive homes
- Anthony, TX: less expensive homes
- La Tuna, TX: equally priced homes
- Fort Bliss, TX: less expensive homes
- El Paso, TX: less expensive homes
- Homestead Meadows North, TX: less expensive homes
Cities with Similar Populations
- Santa Isabel, PR: less expensive homes
- Itasca, IL: higher priced homes
- Jacinto City, TX: less expensive homes
- Jacksboro, TN: less expensive homes
- Jackson, WI: higher priced homes
- Kodiak, AK: higher priced homes
- Russell Springs, KY: less expensive homes
- Saddlebrooke, AZ: higher priced homes
- Sallisaw, OK: less expensive homes
- Ishpeming, MI: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood