Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Tierra Amarilla area can be challenging. Home prices in Tierra Amarilla are now at a median cost of $224,361, lower than the New Mexico average of $265,486.
The average cost of rent is $521/mo in Tierra Amarilla, primarily driven by the current value of real estate in the Tierra Amarilla area. In Tierra Amarilla, 6.66% of households rent, and 59.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tierra Amarilla is $5,353 per month. Households that rent pay about 9.73% of their income on rent here. Tierra Amarilla’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ensenada, NM: equally priced homes
- Los Ojos, NM: equally priced homes
- La Puente, NM: equally priced homes
- Rutheron, NM: equally priced homes
- Chama, NM: higher priced homes
- Monero, NM: less expensive homes
- Tres Piedras, NM: higher priced homes
- Cerro, NM: higher priced homes
- Questa, NM: higher priced homes
- Amalia, NM: equally priced homes
Cities with Similar Populations
- Burdette, AR: less expensive homes
- Centennial, WY: higher priced homes
- Cedar Fort, UT: higher priced homes
- Cave In Rock, IL: less expensive homes
- Catharine, KS: higher priced homes
- Casselman, PA: less expensive homes
- Cash, AR: less expensive homes
- Carrier, OK: higher priced homes
- Canby, CA: higher priced homes
- Bynum, TX: higher priced homes
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