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These days, finding an affordable place to live in the 87022 area can be challenging. Home prices in 87022 are now at a median cost of $82,600, lower than the New Mexico average of $199,923.
The average cost of rent is $934/mo in 87022, primarily driven by the current value of real estate in the 87022 area. While nearly 69.27% of residents own their homes outright in 87022, 4.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87022 is $3,988 per month. Households that rent pay about 23.42% of their income on rent here. 87022's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 87068, NM: higher priced homes
- 87042, NM: higher priced homes
- 87105, NM: higher priced homes
- 87121, NM: higher priced homes
- 87102, NM: higher priced homes
- 87106, NM: higher priced homes
- 87117, NM: higher priced homes
- 87108, NM: higher priced homes
- 87116, NM: higher priced homes
- 87123, NM: higher priced homes
Zip Codes with Similar Populations
- 58718, ND: higher priced homes
- 71046, LA: higher priced homes
- 68443, NE: higher priced homes
- 66023, KS: higher priced homes
- 65444, MO: higher priced homes
- 65261, MO: equally priced homes
- 63751, MO: higher priced homes
- 62875, IL: higher priced homes
- 62367, IL: higher priced homes
- 62074, IL: higher priced homes
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