Home prices
The median home in La Luz costs $77,500. In comparison to nearby areas it is roughly $75,760 (49%) lower.Compared to the rest of the country it is approximately $140,000 (64%) lower, and compared to the city of El Paso it is approximately $49,900 (39%) lower.
Rents
The median rent in La Luz is $589 a month. This is approximately $115 (16%) lower in comparison to other places in this area.It is about $473 (44%) lower in comparison to the entire country, and is about $248 (29%) lower compared to the city of El Paso.
Nearby places
Alamogordo
Alamogordo is La Luz's neighbor to the south. The real estate prices there are somewhat more expensive. The median home in Alamogordo costs $113,500, which is $36,000 (31%) higher than La Luz. Rents there are a bit more expensive. The median rent in Alamogordo is $791 per month, which works out to $202 (25%) higher than La Luz.
High Rolls
High Rolls is approximately 6 miles east from La Luz. Housing prices there are significantly more expensive. High Rolls's median home value is $218,600, which works out to $141,100 (64%) higher than La Luz. Rent there is somewhat more expensive. In High Rolls the median monthly rent is $763, which is $174 (22%) higher than La Luz.
Tularosa
Tularosa is approximately 8 miles northwest from La Luz. Real estate prices there are somewhat more expensive. The median home in Tularosa is valued at $103,300, which is $25,800 (24%) higher than La Luz. Rent there is similar. Tularosa's median monthly rent is $575, which comes out to $14 (2%) lower than La Luz.
Cloudcroft
Cloudcroft is roughly 10 miles east from La Luz. Its housing prices are substantially more expensive. Cloudcroft's median home value is $174,600, which works out to $97,100 (55%) higher than La Luz. Its rents are a little more expensive. In Cloudcroft the median monthly rent is $808, which comes out to $219 (27%) higher than La Luz.
Boles Acres
Boles Acres is approximately 11 miles south of La Luz. Housing prices there are significantly more expensive. The median home value in Boles Acres is $156,300, which is $78,800 (50%) higher than La Luz. The rent there is fairly similar. Boles Acres's median monthly rent is $582, which works out to $7 (1%) lower than La Luz.
