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These days, finding an affordable place to live in the 87068 area can be challenging. Home prices in 87068 are now at a median cost of $227,897, higher than the New Mexico average of $199,923.
The average cost of rent is $894/mo in 87068, primarily driven by the current value of real estate in the 87068 area. While nearly 50.60% of residents own their homes outright in 87068, 6.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87068 is $5,678 per month. Households that rent pay about 15.74% of their income on rent here. 87068's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87042, NM: equally priced homes
- 87022, NM: less expensive homes
- 87031, NM: less expensive homes
- 87060, NM: higher priced homes
- 87061, NM: less expensive homes
- 87016, NM: less expensive homes
- 87032, NM: less expensive homes
- 87035, NM: less expensive homes
- 88321, NM: less expensive homes
- 87357, NM: less expensive homes
Zip Codes with Similar Populations
- 59427, MT: less expensive homes
- 50129, IA: less expensive homes
- 52361, IA: less expensive homes
- 52730, IA: less expensive homes
- 52776, IA: less expensive homes
- 53061, WI: less expensive homes
- 54484, WI: less expensive homes
- 55037, MN: less expensive homes
- 55114, MN: higher priced homes
- 55327, MN: higher priced homes
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