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Affordable
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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 $165,000, lower than the New Mexico average of $265,486.
The average cost of rent is $759/mo in 87014, primarily driven by the current value of real estate in the 87014 area. In 87014, 0.00% of households rent, and 54.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87014 is $6,657 per month. Households that rent pay about 11.40% of their income on rent here. 87014’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 87040, NM: less expensive homes
- 87038, NM: less expensive homes
- 87007, NM: less expensive homes
- 87049, NM: less expensive homes
- 87034, NM: less expensive homes
- 87026, NM: less expensive homes
- 87020, NM: equally priced homes
- 87051, NM: equally priced homes
- 87021, NM: less expensive homes
- 87005, NM: equally 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: less expensive homes
- 29834, SC: equally priced homes
- 37151, TN: higher priced homes
- 40012, KY: higher priced homes
- 40914, KY: less expensive homes
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