Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Solano area can be challenging. Home prices in Solano are now at a median cost of $105,992, lower than the New Mexico average of $199,923.
The average cost of rent is $648/mo in Solano, primarily driven by the current value of real estate in the Solano area. While nearly 91.90% of residents own their homes outright in Solano, 7.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Solano is $3,465 per month. Households that rent pay about 18.71% of their income on rent here. Solano's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Mosquero, NM: less expensive homes
- Rosebud, NM: less expensive homes
- Valmora, NM: equally priced homes
- Watrous, NM: equally priced homes
- Amistad, NM: higher priced homes
- Golondrinas, NM: equally priced homes
- Nara Visa, NM: equally priced homes
- Las Vegas, NM: higher priced homes
- Los Vigiles, NM: higher priced homes
- Manuelitas, NM: higher priced homes
Cities with Similar Populations
- Orkney Springs, VA: higher priced homes
- Pitt Gas, PA: less expensive homes
- Phillips Creek, NY: equally priced homes
- Phelan, TX: higher priced homes
- Pharsalia, NY: equally priced homes
- Paines Hollow, NY: higher priced homes
- Oyhut, WA: higher priced homes
- Oyer, MO: less expensive homes
- Owl City, TN: higher priced homes
- Overland, NE: higher priced homes
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