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These days, finding an affordable place to live in the 87014 area can be challenging. Home prices in 87014 are now at a median cost of $81,200, lower than the New Mexico average of $199,923.
The average cost of rent is $711/mo in 87014, primarily driven by the current value of real estate in the 87014 area. While nearly 65.96% of residents own their homes outright in 87014, 7.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87014 is $5,735 per month. Households that rent pay about 12.40% of their income on rent here. 87014's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87040, NM: less expensive homes
- 87038, NM: less expensive homes
- 87007, NM: less expensive homes
- 87049, NM: equally priced homes
- 87034, NM: equally priced homes
- 87026, NM: equally priced homes
- 87020, NM: higher priced homes
- 87051, NM: higher priced homes
- 87021, NM: higher priced homes
- 87005, NM: higher priced homes
Zip Codes with Similar Populations
- 94946, CA: higher priced homes
- 19931, DE: higher priced homes
- 21864, MD: higher priced homes
- 23307, VA: higher priced homes
- 23889, VA: higher priced homes
- 24139, VA: higher priced homes
- 29834, SC: higher priced homes
- 37151, TN: higher priced homes
- 40012, KY: higher priced homes
- 40914, KY: less expensive homes
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