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These days, finding an affordable place to live in the 87070 area can be challenging. Home prices in 87070 are now at a median cost of $103,700, lower than the New Mexico average of $199,923.
The average cost of rent is $734/mo in 87070, primarily driven by the current value of real estate in the 87070 area. While nearly 71.73% of residents own their homes outright in 87070, 26.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87070 is $3,283 per month. Households that rent pay about 22.36% of their income on rent here. 87070's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87056, NM: higher priced homes
- 87035, NM: higher priced homes
- 87015, NM: higher priced homes
- 87059, NM: higher priced homes
- 87047, NM: higher priced homes
- 87008, NM: higher priced homes
- 87724, NM: less expensive homes
- 87123, NM: higher priced homes
- 87112, NM: higher priced homes
- 87111, NM: higher priced homes
Zip Codes with Similar Populations
- 70361, LA: less expensive homes
- 75978, TX: equally priced homes
- 75097, TX: higher priced homes
- 73746, OK: higher priced homes
- 73488, OK: higher priced homes
- 71831, AR: equally priced homes
- 71772, AR: higher priced homes
- 71009, LA: higher priced homes
- 70451, LA: higher priced homes
- 70421, LA: higher priced homes
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