Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Spring Acres area can be challenging. Home prices in South Spring Acres are now at a median cost of $220,448, higher than the New Mexico average of $199,923.
The average cost of rent is $729/mo in South Spring Acres, primarily driven by the current value of real estate in the South Spring Acres area. While nearly 54.69% of residents own their homes outright in South Spring Acres, 21.36% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Spring Acres is $4,932 per month. Households that rent pay about 14.79% of their income on rent here. South Spring Acres's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Mountain View, NM: equally priced homes
- Elkins, NM: less expensive homes
- Tinnie, NM: higher priced homes
- Lincoln, NM: equally priced homes
- Capitan, NM: equally priced homes
- Milnesand, NM: less expensive homes
- Nogal, NM: equally priced homes
- White Oaks, NM: less expensive homes
- Lingo, NM: less expensive homes
- Carrizozo, NM: less expensive homes
Cities with Similar Populations
- Notrees, TX: less expensive homes
- Oakmont, WV: less expensive homes
- Oakington, MD: higher priced homes
- Oak Valley, KS: less expensive homes
- Oak Island, MN: higher priced homes
- Oak Hill, PA: less expensive homes
- Oak Forest, LA: less expensive homes
- Nutwood, IL: less expensive homes
- Nubia, TN: less expensive homes
- Oaksville, NY: higher priced homes
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