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These days, finding an affordable place to live in the 87036 area can be challenging. Home prices in 87036 are now at a median cost of $115,249, lower than the New Mexico average of $199,923.
The average cost of rent is $691/mo in 87036, primarily driven by the current value of real estate in the 87036 area. While nearly 74.42% of residents own their homes outright in 87036, 12.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87036 is $3,853 per month. Households that rent pay about 17.95% of their income on rent here. 87036's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87063, NM: less expensive homes
- 87062, NM: less expensive homes
- 87023, NM: higher priced homes
- 87002, NM: higher priced homes
- 87006, NM: higher priced homes
- 88353, NM: less expensive homes
- 88136, NM: higher priced homes
- 87827, NM: higher priced homes
- 88119, NM: equally priced homes
- 88134, NM: higher priced homes
Zip Codes with Similar Populations
- 56628, MN: higher priced homes
- 65779, MO: less expensive homes
- 64740, MO: equally priced homes
- 63537, MO: equally priced homes
- 62544, IL: equally priced homes
- 62351, IL: less expensive homes
- 60444, IL: higher priced homes
- 59749, MT: higher priced homes
- 58356, ND: less expensive homes
- 66413, KS: equally priced homes
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