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Affordable
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These days, finding an affordable place to live in the Tecolotito area can be challenging. Home prices in Tecolotito are now at a median cost of $247,200, lower than the New Mexico average of $265,486.
The average cost of rent is $812/mo in Tecolotito, primarily driven by the current value of real estate in the Tecolotito area. In Tecolotito, 19.00% of households rent, and 74.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tecolotito is $6,539 per month. Households that rent pay about 12.42% of their income on rent here. Tecolotito’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Anton Chico, NM: less expensive homes
- Upper Dilia, NM: less expensive homes
- Llano Del Medio, NM: less expensive homes
- Chapelle, NM: equally priced homes
- Villanueva, NM: less expensive homes
- La Loma, NM: less expensive homes
- Serafina, NM: less expensive homes
- Sena, NM: less expensive homes
- Pueblo, NM: less expensive homes
- Ribera, NM: less expensive homes
Cities with Similar Populations
- Garrett, WY: higher priced homes
- Grand Pass, MO: less expensive homes
- Goodnoe Hills, WA: higher priced homes
- Goodlake, OK: less expensive homes
- Golondrinas, NM: less expensive homes
- Glenrio, TX: equally priced homes
- Glen Avon, IL: equally priced homes
- Gladden, AZ: higher priced homes
- Gilliland, TX: less expensive homes
- Gibbs, TN: less expensive homes
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