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Affordable
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These days, finding an affordable place to live in the Twin Lakes area can be challenging. Home prices in Twin Lakes are now at a median cost of $74,147, lower than the New Mexico average of $265,486.
The average cost of rent is $744/mo in Twin Lakes, primarily driven by the current value of real estate in the Twin Lakes area. In Twin Lakes, 34.63% of households rent, and 72.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Twin Lakes is $3,332 per month. Households that rent pay about 22.34% of their income on rent here. Twin Lakes’s most expensive areas are in the central 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
- Gamerco, NM: less expensive homes
- Mariano Lake, NM: higher priced homes
- Yah-ta-hey, NM: less expensive homes
- Gallup, NM: higher priced homes
- Pinedale, NM: higher priced homes
- Rock Springs, NM: higher priced homes
- Yatahey, NM: less expensive homes
- Rehoboth, NM: less expensive homes
- Church Rock, NM: less expensive homes
- Navajo Wingate Village, NM: less expensive homes
Cities with Similar Populations
- Ballentine, MS: higher priced homes
- Akin, IL: higher priced homes
- Ava, OH: higher priced homes
- Princeton, AR: higher priced homes
- Pullentown, NJ: higher priced homes
- Pruden, TN: higher priced homes
- Provo, SD: higher priced homes
- Prospect Valley, WV: higher priced homes
- Progresso, NM: higher priced homes
- Proctor, TX: higher priced homes
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