The Most Affordable Neighborhoods in Sapello, NM by Home Value

 

Sapello, NM Map of Most Affordable Neighborhoods
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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 $159,273, lower than the New Mexico average of $199,923.

The average cost of rent is $597/mo in Sapello, primarily driven by the current value of real estate in the Sapello area. While nearly 79.55% of residents own their homes outright in Sapello, 2.12% rent.

Housing affordability isn’t just about home prices, though. The average household income in Sapello is $3,819 per month. Households that rent pay about 15.63% of their income on rent here. Sapello's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.


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