
Affordable
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These days, finding an affordable place to live in the Vallecitos area can be challenging. Home prices in Vallecitos are now at a median cost of $287,335, higher than the New Mexico average of $265,486.
The average cost of rent is $738/mo in Vallecitos, primarily driven by the current value of real estate in the Vallecitos area. In Vallecitos, 0.16% of households rent, and 82.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vallecitos is $3,638 per month. Households that rent pay about 20.29% of their income on rent here. Vallecitos’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Petaca, NM: equally priced homes
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- Las Nutrias, NM: less expensive homes
- Carson, NM: equally priced homes
- Arroyo Hondo, NM: higher priced homes
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Cities with Similar Populations
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- Pikes Peak, IN: less expensive homes
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