2025 Compare Cities Housing:
Truth or Consequences, NM vs Elko, NV

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Highlights
- The median age of a home in Truth or Consequences is 25.0% older than the median age of a home in Elko.
 Truth or Consequences, NMElko, NVUnited States
 Median Home Age48  Unlock42
 Median Home Cost  Unlock$301,300$338,100
 Home Appr. Last 12 months12.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock69.5%57.0%
 Home Appr. Last 10 yrs.56.6%  Unlock101.1%
 Property Tax Rate  Unlock$5.8$11.0
 Homes Owned50.0%  Unlock57.4%
 Housing Vacant  Unlock10.4%11.2%
 Homes Rented23.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Truth or Consequences, NMElko, NVUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$530  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$980$1,180
 2 Bedroom Home or Apartment$790  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$1,340  Unlock$2,160
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 Vacant Housing
 Truth or Consequences, NMElko, NVUnited States
 Vacant For Rent  Unlock4.4%1.9%
 Vacant Rented0.8%  Unlock0.4%
 Vacant For Sale  Unlock0.1%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock2.0%3.6%
 Vacant Other12.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Truth or Consequences, NMElko, NVUnited States
 Less Than $20,000  Unlock10.6%2.6%
 $20,000 to $39,99910.6%  Unlock2.4%
 $40,000 to $59,999  Unlock1.4%2.8%
 $60,000 to $79,99916.6%  Unlock3.9%
 $80,000 to $99,999  Unlock0.2%4.5%
 $100,000 to $149,99914.1%  Unlock11.3%
 $150,000 to $199,999  Unlock13.0%13.0%
 $200,000 to $299,9998.0%  Unlock20.1%
 $300,000 to $399,999  Unlock12.2%13.6%
 $400,000 to $499,9990.0%  Unlock8.3%
 $500,000 to $749,999  Unlock3.2%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.9%1.1%
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 Housing Units By Year Built
 Truth or Consequences, NMElko, NVUnited States
 2015 and Newer0.7%  Unlock0.2%
 2010 to 2014  Unlock8.1%13.6%
 2000 to 20092.2%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 198915.2%  Unlock13.2%
 1970 to 1979  Unlock14.3%14.8%
 1960 to 196915.6%  Unlock13.6%
 1950 to 1959  Unlock4.5%10.0%
 1940 to 194911.1%  Unlock4.7%
 1939 or Earlier  Unlock9.0%12.2%
Reviews for Truth Or Consequences    3 Reviews

I've lived here 10 years and was recently thinking about adding to my small rental portfolio...then I saw an episode of Island Life and Hawaii Life and remembered how  More

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Occasional crime sprees (series of break-ins, robberies) interspersed with fairly long periods of quiet. I feel MUCH safe than I would living in Albuquerque and will go  More

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Over 12 years ago

numbers can be deceiving-the stats don't look bad here for a lot of categories....but I lived in T or c for 7 yrs...maybe the air is clean in regard to normal industrial  More

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Reviews for Elko    4 Reviews

Elko is like all small Nevada towns - limited in many things and the only change as far as the eye can see are over priced housing starts, drugs and crime. I really like  More

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Over 16 years ago

Spent my teen years in Elko & my parents still live there. It is extremely isolated. Life revolves around the mining industry. The old ranching families that live  More

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Over 17 years ago

Elko has an economy that is fairly typical of mining areas, that is, boom and bust. I've lived here for about 16 or so years. It's boomed tremendously twice and busted  More

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