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These days, finding an affordable place to live in the 87028 area can be challenging. Home prices in 87028 are now at a median cost of $150,938, lower than the New Mexico average of $199,923.
The average cost of rent is $688/mo in 87028, primarily driven by the current value of real estate in the 87028 area. While nearly 83.52% of residents own their homes outright in 87028, 4.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87028 is $2,657 per month. Households that rent pay about 25.89% of their income on rent here. 87028's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87831, NM: equally priced homes
- 87062, NM: less expensive homes
- 87828, NM: equally priced homes
- 87825, NM: less expensive homes
- 87827, NM: higher priced homes
- 88318, NM: higher priced homes
- 87829, NM: higher priced homes
- 88136, NM: less expensive homes
- 85936, AZ: less expensive homes
- 88119, NM: less expensive homes
Zip Codes with Similar Populations
- 81033, CO: less expensive homes
- 47584, IN: less expensive homes
- 48896, MI: less expensive homes
- 49929, MI: less expensive homes
- 50218, IA: higher priced homes
- 50231, IA: higher priced homes
- 57246, SD: less expensive homes
- 57470, SD: equally priced homes
- 80721, CO: higher priced homes
- 80745, CO: equally priced homes
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