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These days, finding an affordable place to live in the 87064 area can be challenging. Home prices in 87064 are now at a median cost of $214,911, lower than the New Mexico average of $265,486.
The average cost of rent is $526/mo in 87064, primarily driven by the current value of real estate in the 87064 area. In 87064, 7.97% of households rent, and 82.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87064 is $5,612 per month. Households that rent pay about 9.38% of their income on rent here. 87064’s most expensive areas are in the central regions, while the cheapest areas are in the northern 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
- 87516, NM: higher priced homes
- 87012, NM: higher priced homes
- 87510, NM: higher priced homes
- 87017, NM: higher priced homes
- 87548, NM: higher priced homes
- 87530, NM: higher priced homes
- 87046, NM: less expensive homes
- 87027, NM: less expensive homes
- 87549, NM: higher priced homes
- 87029, NM: equally priced homes
Zip Codes with Similar Populations
- 83808, ID: higher priced homes
- 45855, OH: less expensive homes
- 45864, OH: higher priced homes
- 46290, IN: higher priced homes
- 46377, IN: equally priced homes
- 46959, IN: less expensive homes
- 47263, IN: higher priced homes
- 82944, WY: higher priced homes
- 83238, ID: higher priced homes
- 45336, OH: higher priced homes
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