The Most Affordable Neighborhoods in Sierra Vista, NM by Home Value

 

Sierra Vista, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Sierra Vista area can be challenging. Home prices in Sierra Vista are now at a median cost of $242,773, lower than the New Mexico average of $265,486.

The average cost of rent is $1,007/mo in Sierra Vista, primarily driven by the current value of real estate in the Sierra Vista area. In Sierra Vista, 17.81% of households rent, and 67.19% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sierra Vista is $4,214 per month. Households that rent pay about 23.90% of their income on rent here. Sierra Vista’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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