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Affordable
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These days, finding an affordable place to live in the Waterflow area can be challenging. Home prices in Waterflow are now at a median cost of $107,814, lower than the New Mexico average of $265,486.
The average cost of rent is $886/mo in Waterflow, primarily driven by the current value of real estate in the Waterflow area. In Waterflow, 21.66% of households rent, and 80.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterflow is $4,136 per month. Households that rent pay about 21.43% of their income on rent here. Waterflow’s most expensive areas are in the eastern 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
- Shiprock, NM: less expensive homes
- Fruitland, NM: equally priced homes
- Kirtland, NM: higher priced homes
- Napi Headquarters, NM: less expensive homes
- Farmington, NM: higher priced homes
- DeSmet, NM: higher priced homes
- Tinian, NM: higher priced homes
- Beclabito, NM: equally priced homes
- Lee Acres, NM: higher priced homes
- Flora Vista, NM: higher priced homes
Cities with Similar Populations
- Arcadia, LA: equally priced homes
- Cambridge City, IN: higher priced homes
- Crescent, OK: higher priced homes
- Earlsboro, OK: higher priced homes
- Toledo, IA: higher priced homes
- Floydada, TX: less expensive homes
- Grantham, NH: higher priced homes
- Quitman, AR: higher priced homes
- North Lawrence, OH: higher priced homes
- Lennox, SD: higher priced homes
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