Home prices
Meadow Lake's median home cost is $73,900. In comparison to nearby areas this is approximately $76,660 (50%) lower.It is about $143,600 (66%) lower in comparison to the nation as a whole, and in comparison to the city of Albuquerque is about $124,300 (62%) lower.
Rents
Meadow Lake's median rent is $703 a month. This is roughly $168 (19%) lower in comparison to its nearby areas.It is roughly $359 (33%) lower in comparison to the entire country, and in comparison to the city of Albuquerque it is roughly $170 (19%) lower.
Nearby places
El Cerro Mission
El Cerro Mission is about 4 miles southwest from Meadow Lake. Real estate prices there are pretty similar. The median home in El Cerro Mission is valued at $72,800, which comes out to $1,100 (1%) lower than Meadow Lake. The rent there is a lot more expensive. El Cerro Mission's median rent is $1,206 per month, which comes out to $503 (41%) higher than Meadow Lake.
Valencia
Valencia is roughly 5 miles west of Meadow Lake. Its real estate prices are substantially more expensive. The cost of the median home in Valencia is $165,200, which works out to $91,300 (55%) higher than Meadow Lake. Rents there are a little less expensive. The median rent in Valencia is $545 per month, which comes out to $158 (28%) lower than Meadow Lake.
Peralta
Peralta is about 6 miles west from Meadow Lake. The real estate prices there are significantly more expensive. The cost of the median home in Peralta is $190,000, which is $116,100 (61%) higher than Meadow Lake. Rents there are a little less expensive. The median monthly rent in Peralta is $533, which is $170 (31%) lower than Meadow Lake.
El Cerro
El Cerro is approximately 6 miles west from Meadow Lake. Its real estate prices are significantly more expensive. El Cerro's median home cost is $185,300, which comes out to $111,400 (60%) higher than Meadow Lake. Its rents are a little more expensive. El Cerro's median monthly rent is $938, which works out to $235 (25%) higher than Meadow Lake.
Las Maravillas
Las Maravillas is approximately 6 miles southwest from Meadow Lake. The real estate prices there are significantly more expensive. The median home in Las Maravillas costs $139,500, which is $65,600 (47%) higher than Meadow Lake. Rents there are a lot more expensive. The median rent in Las Maravillas is $1,135 a month, which comes out to $432 (38%) higher than Meadow Lake.
