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These days, finding an affordable place to live in the Tucumcari area can be challenging. Home prices in Tucumcari are now at a median cost of $100,000, lower than the New Mexico average of $265,486.
The average cost of rent is $996/mo in Tucumcari, primarily driven by the current value of real estate in the Tucumcari area. In Tucumcari, 28.81% of households rent, and 63.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tucumcari is $4,079 per month. Households that rent pay about 24.42% of their income on rent here. Tucumcari’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Montoya, NM: higher priced homes
- San Jon, NM: higher priced homes
- Bard, NM: higher priced homes
- Newkirk, NM: higher priced homes
- Glenrio, TX: higher priced homes
- Adrian, TX: higher priced homes
- Vega, TX: higher priced homes
- La Loma, NM: less expensive homes
- Upper Dilia, NM: less expensive homes
- Llano Del Medio, NM: less expensive homes
Cities with Similar Populations
- Roseland, NJ: higher priced homes
- Lamar, MO: higher priced homes
- Lancaster, MA: higher priced homes
- Lancaster, WI: higher priced homes
- Lascassas, TN: higher priced homes
- Lawndale, NC: higher priced homes
- Lawrenceville, IL: equally priced homes
- Leadville, CO: higher priced homes
- Leakesville, MS: equally priced homes
- Lebanon, CT: higher priced homes
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