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These days, finding an affordable place to live in the 87026 area can be challenging. Home prices in 87026 are now at a median cost of $106,836, lower than the New Mexico average of $265,486.
The average cost of rent is $859/mo in 87026, primarily driven by the current value of real estate in the 87026 area. In 87026, 4.50% of households rent, and 86.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87026 is $4,190 per month. Households that rent pay about 20.49% of their income on rent here. 87026’s most expensive areas are in the central regions, while the cheapest areas are in the western 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
- 87040, NM: equally priced homes
- 87038, NM: higher priced homes
- 87014, NM: higher priced homes
- 87007, NM: less expensive homes
- 87034, NM: less expensive homes
- 87049, NM: equally priced homes
- 87121, NM: higher priced homes
- 87120, NM: higher priced homes
- 87105, NM: higher priced homes
- 87022, NM: higher priced homes
Zip Codes with Similar Populations
- 75691, TX: higher priced homes
- 70770, LA: higher priced homes
- 40008, KY: higher priced homes
- 62466, IL: less expensive homes
- 86044, AZ: less expensive homes
- 30055, GA: higher priced homes
- 19029, PA: higher priced homes
- 50648, IA: higher priced homes
- 35580, AL: equally priced homes
- 05735, VT: higher priced homes
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