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These days, finding an affordable place to live in the South Carmen area can be challenging. Home prices in South Carmen are now at a median cost of $137,387, lower than the New Mexico average of $265,486.
The average cost of rent is $1,025/mo in South Carmen, primarily driven by the current value of real estate in the South Carmen area. In South Carmen, 14.18% of households rent, and 76.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Carmen is $4,659 per month. Households that rent pay about 21.99% of their income on rent here. South Carmen’s most expensive areas are in the central 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
- Penasco Blanco, NM: equally priced homes
- North Carmen, NM: equally priced homes
- Tierra Monte, NM: higher priced homes
- Ledoux, NM: equally priced homes
- Buena Vista, NM: less expensive homes
- Rociada, NM: higher priced homes
- Mora, NM: equally priced homes
- Manuelitas, NM: higher priced homes
- Monte Aplanado, NM: equally priced homes
- Upper Rociada, NM: higher priced homes
Cities with Similar Populations
- Pedro Bay, AK: higher priced homes
- Pinehurst, CA: less expensive homes
- Pine Stump Junction, MI: higher priced homes
- Pine Coupee, LA: higher priced homes
- Pinder Hill, AL: equally priced homes
- Perintown, OH: higher priced homes
- Pentecost, MS: less expensive homes
- Pennwyn, PA: higher priced homes
- Pennington, AR: less expensive homes
- Piney Fork, OH: less expensive homes
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