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These days, finding an affordable place to live in the 87102 area can be challenging. Home prices in 87102 are now at a median cost of $238,387, lower than the New Mexico average of $265,486.
The average cost of rent is $904/mo in 87102, primarily driven by the current value of real estate in the 87102 area. In 87102, 60.59% of households rent, and 46.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87102 is $4,055 per month. Households that rent pay about 22.29% of their income on rent here. 87102’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 87106, NM: higher priced homes
- 87104, NM: higher priced homes
- 87107, NM: higher priced homes
- 87105, NM: equally priced homes
- 87108, NM: equally priced homes
- 87110, NM: higher priced homes
- 87120, NM: higher priced homes
- 87121, NM: less expensive homes
- 87116, NM: higher priced homes
- 87117, NM: higher priced homes
Zip Codes with Similar Populations
- 06905, CT: higher priced homes
- 07871, NJ: higher priced homes
- 14051, NY: higher priced homes
- 19947, DE: higher priced homes
- 24740, WV: less expensive homes
- 78133, TX: higher priced homes
- 85648, AZ: equally priced homes
- 85083, AZ: higher priced homes
- 80620, CO: higher priced homes
- 79902, TX: less expensive homes
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