Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Tolar area can be challenging. Home prices in Tolar are now at a median cost of $236,370, lower than the New Mexico average of $265,486.
The average cost of rent is $576/mo in Tolar, primarily driven by the current value of real estate in the Tolar area. In Tolar, 27.85% of households rent, and 46.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tolar is $5,457 per month. Households that rent pay about 10.56% of their income on rent here. Tolar’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Yeso, NM: equally priced homes
- Floyd, NM: less expensive homes
- Portales, NM: less expensive homes
- Cannon Air Force Base, NM: less expensive homes
- Farwell, TX: less expensive homes
- Lariat, TX: higher priced homes
- Progress, TX: less expensive homes
- Muleshoe, TX: less expensive homes
- Corona, NM: less expensive homes
- Lazbuddie, TX: less expensive homes
Cities with Similar Populations
- Dean, LA: less expensive homes
- Verlot, WA: higher priced homes
- Veal, GA: less expensive homes
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- Denver, TN: less expensive homes
- Denio, NV: higher priced homes
- Delina, TN: equally priced homes
- Del Rio, AZ: higher priced homes
- DeGraff, KS: less expensive homes
- Deckers Point, PA: less expensive homes
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