Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87008 area can be challenging. Home prices in 87008 are now at a median cost of $266,824, higher than the New Mexico average of $199,923.
The average cost of rent is $1,359/mo in 87008, primarily driven by the current value of real estate in the 87008 area. While nearly 33.29% of residents own their homes outright in 87008, 13.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87008 is $8,315 per month. Households that rent pay about 16.34% of their income on rent here. 87008's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 87047, NM: higher priced homes
- 87059, NM: equally priced homes
- 87111, NM: higher priced homes
- 87112, NM: less expensive homes
- 87123, NM: less expensive homes
- 87122, NM: higher priced homes
- 87015, NM: less expensive homes
- 87109, NM: less expensive homes
- 87116, NM: equally priced homes
- 87117, NM: equally priced homes
Zip Codes with Similar Populations
- 27924, NC: less expensive homes
- 26719, WV: less expensive homes
- 26408, WV: less expensive homes
- 54960, WI: less expensive homes
- 62550, IL: less expensive homes
- 56557, MN: less expensive homes
- 56278, MN: less expensive homes
- 56150, MN: less expensive homes
- 55955, MN: higher priced homes
- 67030, KS: less expensive homes
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