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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 $305,502, higher than the New Mexico average of $265,486.
The average cost of rent is $982/mo in 87068, primarily driven by the current value of real estate in the 87068 area. In 87068, 10.59% of households rent, and 47.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87068 is $6,640 per month. Households that rent pay about 14.79% of their income on rent here. 87068’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern 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
- 87042, NM: equally priced homes
- 87022, NM: less expensive homes
- 87031, NM: less expensive homes
- 87060, NM: less expensive 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: equally priced homes
- 55327, MN: higher priced homes
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