Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Truth Or Consequences area can be challenging. Home prices in Truth Or Consequences are now at a median cost of $85,734, lower than the New Mexico average of $199,923.
The average cost of rent is $697/mo in Truth Or Consequences, primarily driven by the current value of real estate in the Truth Or Consequences area. While nearly 56.70% of residents own their homes outright in Truth Or Consequences, 28.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Truth Or Consequences is $2,754 per month. Households that rent pay about 25.29% of their income on rent here. Truth Or Consequences's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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- Mescalero, NM: less expensive homes
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Cities with Similar Populations
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- Long View, NC: higher priced homes
- Lochridge, TX: higher priced homes
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