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Affordable
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These days, finding an affordable place to live in the 87063 area can be challenging. Home prices in 87063 are now at a median cost of $97,100, lower than the New Mexico average of $265,486.
The average cost of rent is $820/mo in 87063, primarily driven by the current value of real estate in the 87063 area. In 87063, 8.86% of households rent, and 70.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87063 is $6,066 per month. Households that rent pay about 13.52% of their income on rent here. 87063’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 87036, NM: higher priced homes
- 87062, NM: equally priced homes
- 87023, NM: higher priced homes
- 87002, NM: higher priced homes
- 88353, NM: less expensive homes
- 87006, NM: higher priced homes
- 88136, NM: higher priced homes
- 88119, NM: higher priced homes
- 88134, NM: higher priced homes
- 88121, NM: higher priced homes
Zip Codes with Similar Populations
- 40350, KY: equally priced homes
- 89402, NV: higher priced homes
- 88351, NM: higher priced homes
- 87524, NM: higher priced homes
- 87515, NM: higher priced homes
- 87029, NM: higher priced homes
- 87012, NM: higher priced homes
- 85926, AZ: higher priced homes
- 85640, AZ: higher priced homes
- 84781, UT: higher priced homes
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