Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tome area can be challenging. Home prices in Tome are now at a median cost of $243,800, higher than the New Mexico average of $199,923.
The average cost of rent is $1,038/mo in Tome, primarily driven by the current value of real estate in the Tome area. While nearly 76.39% of residents own their homes outright in Tome, 8.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tome is $7,430 per month. Households that rent pay about 13.97% of their income on rent here. Tome's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Los Lunas, NM: less expensive homes
- Los Chaves, NM: less expensive homes
- Los Lentes, NM: less expensive homes
- El Cerro, NM: less expensive homes
- Valencia, NM: less expensive homes
- Peralta, NM: less expensive homes
- La Constancia, NM: less expensive homes
- Dalies, NM: less expensive homes
- Bosque Farms, NM: less expensive homes
- Belen, NM: less expensive homes
Cities with Similar Populations
- Tennille, FL: equally priced homes
- Chapel Hill, OH: less expensive homes
- Chapman, MT: less expensive homes
- Charters, KY: less expensive homes
- Chelsea, GA: less expensive homes
- Chical, NM: less expensive homes
- Chilson, AR: less expensive homes
- China, NY: less expensive homes
- Chopin, LA: less expensive homes
- Clintondale, PA: less expensive homes
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