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These days, finding an affordable place to live in the 87059 area can be challenging. Home prices in 87059 are now at a median cost of $279,464, higher than the New Mexico average of $199,923.
The average cost of rent is $1,510/mo in 87059, primarily driven by the current value of real estate in the 87059 area. While nearly 38.35% of residents own their homes outright in 87059, 7.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87059 is $7,346 per month. Households that rent pay about 20.56% of their income on rent here. 87059's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87015, NM: less expensive homes
- 87008, NM: equally priced homes
- 87047, NM: higher priced homes
- 87123, NM: less expensive homes
- 87112, NM: less expensive homes
- 87111, NM: higher priced homes
- 87116, NM: equally priced homes
- 87117, NM: equally priced homes
- 87035, NM: less expensive homes
- 87108, NM: less expensive homes
Zip Codes with Similar Populations
- 43964, OH: less expensive homes
- 59711, MT: less expensive homes
- 58075, ND: less expensive homes
- 55439, MN: higher priced homes
- 54482, WI: less expensive homes
- 53536, WI: less expensive homes
- 53205, WI: less expensive homes
- 53086, WI: equally priced homes
- 52353, IA: less expensive homes
- 48229, MI: less expensive homes
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