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Affordable
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These days, finding an affordable place to live in the Valdez area can be challenging. Home prices in Valdez are now at a median cost of $537,608, higher than the New Mexico average of $265,486.
The average cost of rent is $1,486/mo in Valdez, primarily driven by the current value of real estate in the Valdez area. In Valdez, 17.41% of households rent, and 85.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Valdez is $3,493 per month. Households that rent pay about 42.54% of their income on rent here. Valdez’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Arroyo Seco, NM: equally priced homes
- San Cristobal, NM: less expensive homes
- Taos Pueblo, NM: less expensive homes
- Arroyo Hondo, NM: less expensive homes
- El Prado, NM: equally priced homes
- Taos Ski Valley, NM: less expensive homes
- Eagle Nest, NM: less expensive homes
- Tres Piedras, NM: less expensive homes
- Petaca, NM: less expensive homes
- Las Tablas, NM: less expensive homes
Cities with Similar Populations
- Oakpark, VA: less expensive homes
- Newby, TX: less expensive homes
- Newport, IN: less expensive homes
- Newport, MO: less expensive homes
- North Benton, MN: less expensive homes
- North Courtland, AL: less expensive homes
- North Greenfield, OH: less expensive homes
- North Hartland, VT: less expensive homes
- North Lansing, NY: less expensive homes
- Oak Hill, MO: less expensive homes
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