Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Watrous area can be challenging. Home prices in Watrous are now at a median cost of $102,000, lower than the New Mexico average of $199,923.
The average cost of rent is $514/mo in Watrous, primarily driven by the current value of real estate in the Watrous area. While nearly 79.29% of residents own their homes outright in Watrous, 22.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Watrous is $3,128 per month. Households that rent pay about 16.43% of their income on rent here. Watrous's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Valmora, NM: equally priced homes
- Golondrinas, NM: equally priced homes
- Manuelitas, NM: higher priced homes
- Las Tusas, NM: higher priced homes
- Los Vigiles, NM: higher priced homes
- Sapello, NM: higher priced homes
- Las Vegas, NM: higher priced homes
- Tierra Monte, NM: higher priced homes
- South Carmen, NM: higher priced homes
- Montezuma, NM: higher priced homes
Cities with Similar Populations
- Rivervale, AR: less expensive homes
- Matthew, KY: less expensive homes
- Mauck, VA: higher priced homes
- Maudlow, MT: higher priced homes
- Mayville, ME: higher priced homes
- Acme, LA: equally priced homes
- McCoysville, PA: higher priced homes
- McKinley, AL: less expensive homes
- McKinley, IN: less expensive homes
- McKinnon, WY: higher priced homes
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