Much like the surrounding areas, it is a bit more expensive compared to the United States as a whole. It's somewhat more expensive compared to the city of Albuquerque.
Home prices
The price of the median home in La Cienega is $238,500. Compared to other places in this area it is about $6,740 (2%) higher.It is roughly $21,000 (9%) higher compared to the country as a whole, and in comparison to the city of Albuquerque is roughly $40,300 (20%) higher.
Rents
In La Cienega the median rent is $963 a month. This is approximately $143 (12%) lower in comparison to its nearby areas.Compared to the entire country it is roughly $99 (9%) lower, and is approximately $90 (10%) higher compared to the city of Albuquerque.
Nearby places
Santa Fe
Santa Fe is La Cienega's neighbor to the northeast. The housing prices there are a little more expensive. The median home value in Santa Fe is $280,800, which works out to $42,300 (15%) higher than La Cienega. The rent there is a bit more expensive. In Santa Fe the median monthly rent is $1,080, which comes out to $117 (10%) higher than La Cienega.
Agua Fria
Agua Fria is roughly 7 miles northeast from La Cienega. The housing prices there are a bit less expensive. The median home cost in Agua Fria is $206,000, which is $32,500 (15%) lower than La Cienega. Rents there are a little less expensive. In Agua Fria the median rent is $799 a month, which is $164 (20%) lower than La Cienega.
Eldorado at Santa Fe
Eldorado at Santa Fe is roughly 9 miles southeast from La Cienega. Real estate prices there are substantially more expensive. The median home in Eldorado at Santa Fe is valued at $386,400, which comes out to $147,900 (38%) higher than La Cienega. The rent there is significantly more expensive. The median rent in Eldorado at Santa Fe is $1,647 per month, which works out to $684 (41%) higher than La Cienega.
Peña Blanca
Peña Blanca is about 10 miles west from La Cienega. The real estate prices there are substantially less expensive. Peña Blanca's median home cost is $132,800, which is $105,700 (79%) lower than La Cienega. Rents there are a lot less expensive. The median monthly rent in Peña Blanca is $724, which works out to $239 (33%) lower than La Cienega.
Cochiti Lake
Cochiti Lake is roughly 12 miles northwest from La Cienega. Real estate prices there are substantially less expensive. The median home cost in Cochiti Lake is $152,800, which comes out to $85,700 (56%) lower than La Cienega. Rents there are a bit more expensive. In Cochiti Lake the median rent is $1,278 a month, which works out to $315 (24%) higher than La Cienega.