Home prices
The median home in Truth or Consequences costs $85,300. Compared to its surrounding areas this is about $6,200 (6%) lower.It is roughly $132,200 (60%) lower in comparison to the entire country, and it is about $69,900 (45%) lower in comparison to the city of Las Cruces.
Rents
The median rent in Truth or Consequences is $493 per month. In comparison to its surrounding areas it is roughly $220 (30%) lower.It is approximately $569 (53%) lower in comparison to the rest of the country, and compared to the city of Las Cruces it is approximately $295 (37%) lower.
Nearby places
Elephant Butte
Elephant Butte is Truth or Consequences's neighbor to the east. Its housing prices are significantly more expensive. The median home in Elephant Butte costs $135,400, which is $50,100 (37%) higher than Truth or Consequences. The rent there is substantially more expensive. Elephant Butte's median monthly rent is $928, which works out to $435 (46%) higher than Truth or Consequences.
Williamsburg
Williamsburg is Truth or Consequences's neighbor to the south. The real estate prices there are somewhat less expensive. The cost of the median home in Williamsburg is $70,900, which is $14,400 (20%) lower than Truth or Consequences. The rent there is significantly more expensive. Williamsburg's median monthly rent is $795, which comes out to $302 (37%) higher than Truth or Consequences.
Hatch
Hatch is about 38 miles south from Truth or Consequences. The real estate prices there are fairly similar. The median home in Hatch costs $83,100, which comes out to $2,200 (2%) lower than Truth or Consequences. The rent there is fairly similar. The median monthly rent in Hatch is $494, which is very similar to Truth or Consequences.
Bayard
Bayard is approximately 55 miles southwest from Truth or Consequences. Real estate prices there are similar. The median home value in Bayard is $89,100, which works out to $3,800 (4%) higher than Truth or Consequences. Rent there is a little more expensive. Bayard's median monthly rent is $636, which works out to $143 (22%) higher than Truth or Consequences.
Santa Clara
Santa Clara is roughly 55 miles southwest of Truth or Consequences. Its housing prices are somewhat less expensive. The median home price in Santa Clara is $79,000, which comes out to $6,300 (7%) lower than Truth or Consequences. Rents there are a little more expensive. The median monthly rent in Santa Clara is $714, which comes out to $221 (30%) higher than Truth or Consequences.
