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These days, finding an affordable place to live in the 87035 area can be challenging. Home prices in 87035 are now at a median cost of $119,163, lower than the New Mexico average of $199,923.
The average cost of rent is $834/mo in 87035, primarily driven by the current value of real estate in the 87035 area. While nearly 50.92% of residents own their homes outright in 87035, 18.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87035 is $3,677 per month. Households that rent pay about 22.69% of their income on rent here. 87035's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87032, NM: higher priced homes
- 87015, NM: higher priced homes
- 87059, NM: higher priced homes
- 87070, NM: less expensive homes
- 87123, NM: higher priced homes
- 87116, NM: higher priced homes
- 87117, NM: higher priced homes
- 87108, NM: higher priced homes
- 87106, NM: higher priced homes
- 87102, NM: higher priced homes
Zip Codes with Similar Populations
- 01536, MA: higher priced homes
- 76442, TX: equally priced homes
- 14470, NY: equally priced homes
- 07630, NJ: higher priced homes
- 08065, NJ: higher priced homes
- 75173, TX: higher priced homes
- 12184, NY: higher priced homes
- 11507, NY: higher priced homes
- 55013, MN: higher priced homes
- 65459, MO: higher priced homes
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