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These days, finding an affordable place to live in the 87027 area can be challenging. Home prices in 87027 are now at a median cost of $163,500, lower than the New Mexico average of $199,923.
The average cost of rent is $820/mo in 87027, primarily driven by the current value of real estate in the 87027 area. While nearly 68.50% of residents own their homes outright in 87027, 45.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87027 is $2,229 per month. Households that rent pay about 36.79% of their income on rent here. 87027's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87046, NM: higher priced homes
- 87017, NM: higher priced homes
- 87012, NM: higher priced homes
- 87064, NM: higher priced homes
- 87516, NM: higher priced homes
- 87018, NM: less expensive homes
- 87510, NM: higher priced homes
- 87548, NM: equally priced homes
- 87537, NM: equally priced homes
- 87037, NM: less expensive homes
Zip Codes with Similar Populations
- 79781, TX: less expensive homes
- 32697, FL: less expensive homes
- 35751, AL: less expensive homes
- 36559, AL: higher priced homes
- 37719, TN: less expensive homes
- 39867, GA: less expensive homes
- 41397, KY: less expensive homes
- 58565, ND: higher priced homes
- 78883, TX: higher priced homes
- 32692, FL: equally priced homes
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