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These days, finding an affordable place to live in the 87105 area can be challenging. Home prices in 87105 are now at a median cost of $158,780, lower than the New Mexico average of $199,923.
The average cost of rent is $847/mo in 87105, primarily driven by the current value of real estate in the 87105 area. While nearly 43.63% of residents own their homes outright in 87105, 25.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87105 is $3,761 per month. Households that rent pay about 22.52% of their income on rent here. 87105's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87121, NM: equally priced homes
- 87102, NM: higher priced homes
- 87104, NM: higher priced homes
- 87106, NM: higher priced homes
- 87120, NM: higher priced homes
- 87108, NM: equally priced homes
- 87107, NM: higher priced homes
- 87117, NM: higher priced homes
- 87110, NM: higher priced homes
- 87116, NM: higher priced homes
Zip Codes with Similar Populations
- 92656, CA: higher priced homes
- 28601, NC: higher priced homes
- 30721, GA: less expensive homes
- 36117, AL: higher priced homes
- 37043, TN: higher priced homes
- 39503, MS: equally priced homes
- 41042, KY: equally priced homes
- 43302, OH: less expensive homes
- 45013, OH: higher priced homes
- 48823, MI: higher priced homes
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