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These days, finding an affordable place to live in the 87045 area can be challenging. Home prices in 87045 are now at a median cost of $37,014, lower than the New Mexico average of $199,923.
The average cost of rent is $550/mo in 87045, primarily driven by the current value of real estate in the 87045 area. While nearly 83.75% of residents own their homes outright in 87045, 2.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87045 is $2,820 per month. Households that rent pay about 19.50% of their income on rent here. 87045's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87005, NM: higher priced homes
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- 87305, NM: higher priced homes
- 87326, NM: higher priced homes
- 86508, AZ: less expensive homes
- 86506, AZ: equally priced homes
- 87124, NM: higher priced homes
- 87144, NM: higher priced homes
Zip Codes with Similar Populations
- 76857, TX: higher priced homes
- 42355, KY: higher priced homes
- 42732, KY: higher priced homes
- 43772, OH: higher priced homes
- 47272, IN: higher priced homes
- 49338, MI: higher priced homes
- 49670, MI: higher priced homes
- 50244, IA: higher priced homes
- 00775, PR: higher priced homes
- 51551, IA: higher priced homes
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