Is Peak Place expensive?

Peak Place, NM

State	New Mexico
Population	409
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Peak Place, NM

State

Population

409

In comparison to the surrounding areas, Peak Place is substantially less expensive, and it's substantially less expensive compared to the United States as a whole. Compared to the city of Albuquerque, it is substantially less expensive.

Home prices

The value of the median home in Peak Place is $12,100. It is roughly $309,580 (96%) lower in comparison to its surrounding areas.It is about $205,400 (94%) lower compared to the rest of the nation, and it is approximately $186,100 (93%) lower in comparison to the city of Albuquerque.

Tesuque

Cuyamungue Grant

Nambe

Cuyamungue

United States

Albuquerque

Pojoaque

Peak Place

Comparison of median Peak Place home price to nearby areas

Distribution of home prices for Peak Place and nearby areas

Rents

The median rent in Peak Place is $593 a month. It is about $357 (37%) lower compared to its nearby areas.It is roughly $469 (44%) lower in comparison to the US as a whole, and it is approximately $280 (32%) lower in comparison to the city of Albuquerque.

Tesuque

United States

Cuyamungue Grant

Cuyamungue

Nambe

Albuquerque

Pojoaque

Peak Place

Comparison of median Peak Place rent to nearby areas

Distribution of rents for Peak Place and nearby areas

Nearby places

Tesuque

Tesuque is Peak Place's neighbor to the south. Housing prices there are significantly more expensive. The median home cost in Tesuque is $684,800, which is $672,700 (98%) higher than Peak Place. The rent there is a lot more expensive. The median rent in Tesuque is $1,143 per month, which works out to $550 (48%) higher than Peak Place.

Cuyamungue Grant

Cuyamungue Grant is approximately 4 miles northwest of Peak Place. The real estate prices there are significantly more expensive. The median home in Cuyamungue Grant costs $260,700, which works out to $248,600 (95%) higher than Peak Place. Rents there are a lot more expensive. The median monthly rent in Cuyamungue Grant is $959, which is $366 (38%) higher than Peak Place.

Cuyamungue

Cuyamungue is roughly 6 miles northwest of Peak Place. Its housing prices are substantially more expensive. The median home cost in Cuyamungue is $251,700, which comes out to $239,600 (95%) higher than Peak Place. Rent there is significantly more expensive. The median monthly rent in Cuyamungue is $958, which works out to $365 (38%) higher than Peak Place.

Nambe

Nambe is approximately 7 miles north from Peak Place. Its housing prices are a lot more expensive. The cost of the median home in Nambe is $256,500, which works out to $244,400 (95%) higher than Peak Place. Rent there is significantly more expensive. In Nambe the median monthly rent is $896, which works out to $303 (33%) higher than Peak Place.

Pojoaque

Pojoaque is about 8 miles northwest from Peak Place. The housing prices there are a lot more expensive. The median home in Pojoaque is valued at $154,700, which is $142,600 (92%) higher than Peak Place. The rent there is somewhat more expensive. Pojoaque's median monthly rent is $792, which comes out to $199 (25%) higher than Peak Place.