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Affordable
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These days, finding an affordable place to live in the Sapello area can be challenging. Home prices in Sapello are now at a median cost of $218,160, lower than the New Mexico average of $265,486.
The average cost of rent is $823/mo in Sapello, primarily driven by the current value of real estate in the Sapello area. In Sapello, 0.31% of households rent, and 74.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sapello is $4,087 per month. Households that rent pay about 20.13% of their income on rent here. Sapello’s most expensive areas are in the southern 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
- Las Tusas, NM: higher priced homes
- Manuelitas, NM: equally priced homes
- Tierra Monte, NM: equally priced homes
- Rociada, NM: equally priced homes
- Montezuma, NM: higher priced homes
- South Carmen, NM: less expensive homes
- Penasco Blanco, NM: less expensive homes
- Los Vigiles, NM: higher priced homes
- Upper Rociada, NM: higher priced homes
- Golondrinas, NM: less expensive homes
Cities with Similar Populations
- Frannie, WY: higher priced homes
- Thornton, NH: higher priced homes
- Thornton, ID: higher priced homes
- Texas, NY: less expensive homes
- Frost, OH: less expensive homes
- Friend, NY: less expensive homes
- Fremont, MN: higher priced homes
- Freeny, MS: less expensive homes
- Freeman, NC: less expensive homes
- Freeland, NC: less expensive homes
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