The Most Affordable Neighborhoods in Timberon, NM by Home Value

These days, finding an affordable place to live in the Timberon area can be challenging. Home prices in Timberon are now at a median cost of $88,700, lower than the New Mexico average of $265,486.

The average cost of rent is $699/mo in Timberon, primarily driven by the current value of real estate in the Timberon area. In Timberon, 0.00% of households rent, and 61.67% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Timberon is $4,571 per month. Households that rent pay about 15.29% of their income on rent here. Timberon’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.

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