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These days, finding an affordable place to live in the 87034 area can be challenging. Home prices in 87034 are now at a median cost of $86,417, lower than the New Mexico average of $199,923.
The average cost of rent is $711/mo in 87034, primarily driven by the current value of real estate in the 87034 area. While nearly 84.69% of residents own their homes outright in 87034, 9.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87034 is $4,803 per month. Households that rent pay about 14.80% of their income on rent here. 87034's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87049, NM: equally priced homes
- 87007, NM: less expensive homes
- 87038, NM: less expensive homes
- 87014, NM: equally priced homes
- 87020, NM: higher priced homes
- 87040, NM: less expensive homes
- 87051, NM: higher priced homes
- 87021, NM: equally priced homes
- 87026, NM: equally priced homes
- 87357, NM: less expensive homes
Zip Codes with Similar Populations
- 15456, PA: higher priced homes
- 31002, GA: equally priced homes
- 74041, OK: higher priced homes
- 01235, MA: higher priced homes
- 50216, IA: higher priced homes
- 51445, IA: higher priced homes
- 52637, IA: higher priced homes
- 54466, WI: higher priced homes
- 54947, WI: higher priced homes
- 61748, IL: higher priced homes
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