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Affordable
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These days, finding an affordable place to live in the Santo Tomas area can be challenging. Home prices in Santo Tomas are now at a median cost of $271,868, higher than the New Mexico average of $265,486.
The average cost of rent is $655/mo in Santo Tomas, primarily driven by the current value of real estate in the Santo Tomas area. In Santo Tomas, 11.87% of households rent, and 45.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Santo Tomas is $6,318 per month. Households that rent pay about 10.37% of their income on rent here. Santo Tomas’s most expensive areas are in the northern regions, while the cheapest areas are in the central 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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- Dona Ana, NM: equally priced homes
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Cities with Similar Populations
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- Georgia, NJ: higher priced homes
- Georgeville, PA: less expensive homes
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