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Affordable
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These days, finding an affordable place to live in the 87017 area can be challenging. Home prices in 87017 are now at a median cost of $234,388, lower than the New Mexico average of $265,486.
The average cost of rent is $584/mo in 87017, primarily driven by the current value of real estate in the 87017 area. In 87017, 5.33% of households rent, and 85.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87017 is $4,930 per month. Households that rent pay about 11.84% of their income on rent here. 87017’s most expensive areas are in the southwestern 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
- 87046, NM: less expensive homes
- 87012, NM: equally priced homes
- 87027, NM: less expensive homes
- 87064, NM: equally priced homes
- 87029, NM: less expensive homes
- 87516, NM: higher priced homes
- 87510, NM: higher priced homes
- 87530, NM: higher priced homes
- 87548, NM: higher priced homes
- 87018, NM: less expensive homes
Zip Codes with Similar Populations
- 38376, TN: less expensive homes
- 87044, NM: higher priced homes
- 84656, UT: higher priced homes
- 84144, UT: higher priced homes
- 83449, ID: higher priced homes
- 81610, CO: equally priced homes
- 44838, OH: less expensive homes
- 43033, OH: less expensive homes
- 42354, KY: less expensive homes
- 42285, KY: less expensive homes
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