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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 $202,685, lower than the New Mexico average of $265,486.
The average cost of rent is $836/mo in 87036, primarily driven by the current value of real estate in the 87036 area. In 87036, 12.26% of households rent, and 67.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87036 is $4,022 per month. Households that rent pay about 20.79% of their income on rent here. 87036’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 87063, NM: less expensive homes
- 87062, NM: less expensive homes
- 87023, NM: equally priced homes
- 87002, NM: less expensive homes
- 87006, NM: less expensive homes
- 88353, NM: less expensive homes
- 88136, NM: higher priced homes
- 87827, NM: higher priced homes
- 88119, NM: higher priced homes
- 88134, NM: higher priced homes
Zip Codes with Similar Populations
- 56628, MN: higher priced homes
- 65779, MO: less expensive homes
- 64740, MO: less expensive homes
- 63537, MO: less expensive homes
- 62544, IL: less expensive homes
- 62351, IL: less expensive homes
- 60444, IL: equally priced homes
- 59749, MT: higher priced homes
- 58356, ND: less expensive homes
- 66413, KS: less expensive homes
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