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These days, finding an affordable place to live in the 87021 area can be challenging. Home prices in 87021 are now at a median cost of $132,308, lower than the New Mexico average of $265,486.
The average cost of rent is $809/mo in 87021, primarily driven by the current value of real estate in the 87021 area. In 87021, 29.58% of households rent, and 80.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87021 is $4,263 per month. Households that rent pay about 18.97% of their income on rent here. 87021’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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
- 87020, NM: higher priced homes
- 87051, NM: higher priced homes
- 87005, NM: higher priced homes
- 87049, NM: less expensive homes
- 87034, NM: less expensive homes
- 87007, NM: less expensive homes
- 87014, NM: higher priced homes
- 87038, NM: equally priced homes
- 87040, NM: less expensive homes
- 87321, NM: less expensive homes
Zip Codes with Similar Populations
- 02725, MA: higher priced homes
- 92391, CA: higher priced homes
- 80459, CO: higher priced homes
- 77349, TX: higher priced homes
- 72944, AR: higher priced homes
- 67526, KS: less expensive homes
- 64454, MO: higher priced homes
- 61734, IL: higher priced homes
- 58474, ND: higher priced homes
- 52206, IA: higher priced homes
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