Affordable
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These days, finding an affordable place to live in the 87011 area can be challenging. Home prices in 87011 are now at a median cost of $150,500, lower than the New Mexico average of $199,923.
The average cost of rent is $688/mo in 87011, primarily driven by the current value of real estate in the 87011 area. While nearly 87.33% of residents own their homes outright in 87011, 2.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87011 is $2,492 per month. Households that rent pay about 27.61% of their income on rent here. 87011's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87801, NM: less expensive homes
- 87823, NM: equally priced homes
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- 88132, NM: less expensive homes
- 85932, AZ: higher priced homes
- 85938, AZ: higher priced homes
Zip Codes with Similar Populations
- 00721, PR: less expensive homes
- 05485, VT: higher priced homes
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