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Affordable
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These days, finding an affordable place to live in the Taos area can be challenging. Home prices in Taos are now at a median cost of $411,458, higher than the New Mexico average of $265,486.
The average cost of rent is $1,138/mo in Taos, primarily driven by the current value of real estate in the Taos area. In Taos, 31.48% of households rent, and 59.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Taos is $5,146 per month. Households that rent pay about 22.11% of their income on rent here. Taos’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ranchito, NM: equally priced homes
- Ranchos de Taos, NM: less expensive homes
- El Prado, NM: higher priced homes
- Taos Pueblo, NM: higher priced homes
- Trampas, NM: less expensive homes
- Lucero, NM: less expensive homes
- Talpa, NM: less expensive homes
- Valle Escondido, NM: equally priced homes
- Carson, NM: less expensive homes
- Picuris Pueblo, NM: less expensive homes
Cities with Similar Populations
- Rolesville, NC: higher priced homes
- Madison, OH: less expensive homes
- Madisonville, TX: less expensive homes
- Manahawkin, NJ: higher priced homes
- Marksville, LA: less expensive homes
- Marlboro Village, MD: equally priced homes
- Rio Vista, CA: higher priced homes
- Ripon, WI: less expensive homes
- Rising Sun, MD: less expensive homes
- River Grove, IL: less expensive homes
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