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These days, finding an affordable place to live in the 87025 area can be challenging. Home prices in 87025 are now at a median cost of $386,742, higher than the New Mexico average of $265,486.
The average cost of rent is $1,041/mo in 87025, primarily driven by the current value of real estate in the 87025 area. In 87025, 15.10% of households rent, and 47.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87025 is $11,726 per month. Households that rent pay about 8.88% of their income on rent here. 87025’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern 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
- 87544, NM: higher priced homes
- 87547, NM: higher priced homes
- 87532, NM: less expensive homes
- 87013, NM: less expensive homes
- 87506, NM: higher priced homes
- 87567, NM: less expensive homes
- 87574, NM: higher priced homes
- 87573, NM: less expensive homes
- 87742, NM: less expensive homes
- 87715, NM: less expensive homes
Zip Codes with Similar Populations
- 62022, IL: less expensive homes
- 72047, AR: less expensive homes
- 70762, LA: less expensive homes
- 70036, LA: less expensive homes
- 68758, NE: less expensive homes
- 67865, KS: less expensive homes
- 67416, KS: less expensive homes
- 66865, KS: less expensive homes
- 66753, KS: less expensive homes
- 66060, KS: less expensive homes
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