Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tres Ritos area can be challenging. Home prices in Tres Ritos are now at a median cost of $127,400, lower than the New Mexico average of $199,923.
The average cost of rent is $989/mo in Tres Ritos, primarily driven by the current value of real estate in the Tres Ritos area. While nearly 64.86% of residents own their homes outright in Tres Ritos, 32.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tres Ritos is $4,450 per month. Households that rent pay about 22.22% of their income on rent here. Tres Ritos's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Vadito, NM: higher priced homes
- Llano Largo, NM: equally priced homes
- Rodarte, NM: equally priced homes
- Chacon, NM: equally priced homes
- Llano, NM: equally priced homes
- Holman, NM: equally priced homes
- Penasco, NM: higher priced homes
- Picuris Pueblo, NM: higher priced homes
- Talpa, NM: higher priced homes
- Cleveland, NM: equally priced homes
Cities with Similar Populations
- Cardwell Town, VA: less expensive homes
- Wemple, LA: equally priced homes
- Wellford, VA: higher priced homes
- Wegra, AL: higher priced homes
- Weatherby, OR: higher priced homes
- Wealthwood, MN: higher priced homes
- Wayne Center, IL: higher priced homes
- Wayne, AL: less expensive homes
- Watkins, TN: less expensive homes
- Waterview, KY: equally priced homes
All Local Stats
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