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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 $176,300, lower than the New Mexico average of $265,486.
The average cost of rent is $771/mo in Watrous, primarily driven by the current value of real estate in the Watrous area. In Watrous, 27.30% of households rent, and 80.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Watrous is $3,700 per month. Households that rent pay about 20.84% of their income on rent here. Watrous’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valmora, NM: equally priced homes
- Golondrinas, NM: less expensive 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: equally priced homes
- Tierra Monte, NM: higher priced homes
- South Carmen, NM: less expensive homes
- Montezuma, NM: higher priced homes
Cities with Similar Populations
- Rivervale, AR: less expensive homes
- Matthew, KY: less expensive homes
- Mauck, VA: equally priced homes
- Maudlow, MT: higher priced homes
- Mayville, ME: higher priced homes
- Acme, LA: less expensive 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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