Home prices
The median home in Los Chaves is valued at $162,500. It is about $9,540 (6%) higher in comparison to other places in this area.In comparison to the country as a whole it is about $55,000 (25%) lower, and compared to the city of Albuquerque it is approximately $35,700 (18%) lower.
Rents
Los Chaves's median monthly rent is $881. It is approximately $71 (7%) lower in comparison to nearby areas.It is approximately $181 (17%) lower compared to the rest of the country, and it is is very similar compared to the city of Albuquerque.
Nearby places
Belen
Belen is Los Chaves's neighbor to the southwest. The real estate prices there are a lot less expensive. The median home price in Belen is $106,500, which comes out to $56,000 (52%) lower than Los Chaves. Rent there is somewhat less expensive. The median rent in Belen is $731 a month, which is $150 (20%) lower than Los Chaves.
Sausal
Sausal is Los Chaves's neighbor to the south. Its housing prices are a little more expensive. Sausal's median home value is $172,500, which works out to $10,000 (5%) higher than Los Chaves. The rent there is fairly similar. Sausal's median rent is $916 per month, which works out to $35 (3%) higher than Los Chaves.
Las Maravillas
Las Maravillas is approximately 4 miles east of Los Chaves. Real estate prices there are a bit less expensive. The value of the median home in Las Maravillas is $139,500, which is $23,000 (16%) lower than Los Chaves. Its rents are a bit more expensive. In Las Maravillas the median monthly rent is $1,135, which works out to $254 (22%) higher than Los Chaves.
El Cerro
El Cerro is roughly 4 miles northeast of Los Chaves. Housing prices there are a little more expensive. The median home in El Cerro is valued at $185,300, which works out to $22,800 (12%) higher than Los Chaves. Its rents are a little more expensive. In El Cerro the median monthly rent is $938, which is $57 (6%) higher than Los Chaves.
Los Lunas
Los Lunas is approximately 5 miles north from Los Chaves. Its real estate prices are fairly similar. The cost of the median home in Los Lunas is $161,000, which is very similar to Los Chaves. Rent there is somewhat more expensive. The median monthly rent in Los Lunas is $1,039, which comes out to $158 (15%) higher than Los Chaves.