The Most Affordable Neighborhoods in Tohatchi, NM by Home Value

 

Tohatchi, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tohatchi area can be challenging. Home prices in Tohatchi are now at a median cost of $63,455, lower than the New Mexico average of $265,486.

The average cost of rent is $625/mo in Tohatchi, primarily driven by the current value of real estate in the Tohatchi area. In Tohatchi, 46.01% of households rent, and 93.49% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Tohatchi is $2,911 per month. Households that rent pay about 21.49% of their income on rent here. Tohatchi’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern 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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