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These days, finding an affordable place to live in the 87018 area can be challenging. Home prices in 87018 are now at a median cost of $40,800, lower than the New Mexico average of $199,923.
The average cost of rent is $342/mo in 87018, primarily driven by the current value of real estate in the 87018 area. While nearly 95.59% of residents own their homes outright in 87018, 29.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87018 is $1,538 per month. Households that rent pay about 22.24% of their income on rent here. 87018's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87037, NM: higher priced homes
- 87027, NM: higher priced homes
- 87046, NM: higher priced homes
- 87499, NM: higher priced homes
- 87017, NM: higher priced homes
- 87012, NM: higher priced homes
- 87064, NM: higher priced homes
- 87516, NM: higher priced homes
- 87364, NM: equally priced homes
- 87510, NM: higher priced homes
Zip Codes with Similar Populations
- 59338, MT: higher priced homes
- 55772, MN: higher priced homes
- 55950, MN: higher priced homes
- 56020, MN: higher priced homes
- 56525, MN: higher priced homes
- 56565, MN: higher priced homes
- 57041, SD: higher priced homes
- 00611, PR: higher priced homes
- 57245, SD: higher priced homes
- 57420, SD: higher priced homes
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