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These days, finding an affordable place to live in the 87006 area can be challenging. Home prices in 87006 are now at a median cost of $178,078, lower than the New Mexico average of $265,486.
The average cost of rent is $662/mo in 87006, primarily driven by the current value of real estate in the 87006 area. In 87006, 10.71% of households rent, and 54.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87006 is $6,900 per month. Households that rent pay about 9.60% of their income on rent here. 87006’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 87062, NM: less expensive homes
- 87023, NM: higher priced homes
- 87002, NM: equally priced homes
- 87036, NM: higher priced homes
- 87063, NM: less expensive homes
- 87827, NM: higher priced homes
- 88353, NM: less expensive homes
- 87315, NM: equally priced homes
- 88136, NM: higher priced homes
- 88119, NM: higher priced homes
Zip Codes with Similar Populations
- 95554, CA: higher priced homes
- 24862, WV: less expensive homes
- 24934, WV: equally priced homes
- 25111, WV: less expensive homes
- 25244, WV: equally priced homes
- 25639, WV: less expensive homes
- 25647, WV: less expensive homes
- 26202, WV: less expensive homes
- 26884, WV: less expensive homes
- 27943, NC: higher priced homes
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