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These days, finding an affordable place to live in the Tyrone area can be challenging. Home prices in Tyrone are now at a median cost of $182,060, lower than the New Mexico average of $265,486.
The average cost of rent is $777/mo in Tyrone, primarily driven by the current value of real estate in the Tyrone area. In Tyrone, 19.61% of households rent, and 54.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tyrone is $3,824 per month. Households that rent pay about 20.32% of their income on rent here. Tyrone’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Silver City, NM: higher priced homes
- Arenas Valley, NM: higher priced homes
- Santa Clara, NM: less expensive homes
- Hurley, NM: less expensive homes
- Bayard, NM: less expensive homes
- Vanadium, NM: equally priced homes
- Pinos Altos, NM: higher priced homes
- Mangas Springs, NM: higher priced homes
- Hanover, NM: equally priced homes
- Fort Bayard, NM: equally priced homes
Cities with Similar Populations
- Cairo, NE: higher priced homes
- Petersburg, PA: higher priced homes
- Ossun, LA: less expensive homes
- Palm Valley, TX: higher priced homes
- Parks, LA: equally priced homes
- Patoka, IN: equally priced homes
- Peck, MI: less expensive homes
- Pennville, IN: equally priced homes
- Peru, ME: less expensive homes
- Oloh, MS: higher priced homes
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