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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 $90,165, lower than the New Mexico average of $265,486.
The average cost of rent is $579/mo in 87045, primarily driven by the current value of real estate in the 87045 area. In 87045, 0.71% of households rent, and 90.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87045 is $1,702 per month. Households that rent pay about 34.01% of their income on rent here. 87045’s most expensive areas are in the eastern regions, while the cheapest areas are in the western 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
- 87005, NM: higher priced homes
- 87323, NM: equally priced homes
- 87312, NM: higher priced homes
- 87347, NM: higher priced homes
- 87305, NM: less expensive homes
- 87326, NM: less expensive homes
- 86508, AZ: less expensive homes
- 86506, AZ: less expensive 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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