Home prices
The median home in Lake Arthur costs $82,000. This is approximately $70,480 (46%) lower compared to its nearby areas.It is about $135,500 (62%) lower in comparison to the entire country, and compared to the city of Roswell it is approximately $23,100 (21%) lower.
Rents
In Lake Arthur the median monthly rent is $675. In comparison to its surrounding areas it is about $126 (15%) lower.It is roughly $387 (36%) lower compared to the rest of the nation, and in comparison to the city of Roswell is approximately $103 (13%) lower.
Nearby places
Hagerman
Hagerman is approximately 8 miles north from Lake Arthur. Housing prices there are a little less expensive. The median home in Hagerman costs $67,100, which comes out to $14,900 (22%) lower than Lake Arthur. Rents there are somewhat less expensive. The median rent in Hagerman is $641 a month, which comes out to $34 (5%) lower than Lake Arthur.
Artesia
Artesia is about 11 miles south from Lake Arthur. The housing prices there are substantially more expensive. Artesia's median home price is $177,800, which works out to $95,800 (53%) higher than Lake Arthur. The rent there is a little more expensive. The median monthly rent in Artesia is $834, which works out to $159 (19%) higher than Lake Arthur.
Dexter
Dexter is roughly 14 miles north of Lake Arthur. The real estate prices there are somewhat less expensive. Dexter's median home value is $70,600, which is $11,400 (16%) lower than Lake Arthur. Rents there are similar. Dexter's median monthly rent is $672, which is very similar to Lake Arthur.
Atoka
Atoka is approximately 16 miles south of Lake Arthur. Real estate prices there are significantly more expensive. The cost of the median home in Atoka is $149,700, which is $67,700 (45%) higher than Lake Arthur. Rent there is substantially more expensive. The median monthly rent in Atoka is $1,003, which is $328 (32%) higher than Lake Arthur.
La Huerta
La Huerta is roughly 41 miles south of Lake Arthur. The housing prices there are substantially more expensive. La Huerta's median home cost is $297,200, which works out to $215,200 (72%) higher than Lake Arthur. Its rents are somewhat more expensive. In La Huerta the median monthly rent is $856, which works out to $181 (21%) higher than Lake Arthur.