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These days, finding an affordable place to live in the 87106 area can be challenging. Home prices in 87106 are now at a median cost of $251,492, higher than the New Mexico average of $199,923.
The average cost of rent is $872/mo in 87106, primarily driven by the current value of real estate in the 87106 area. While nearly 42.96% of residents own their homes outright in 87106, 43.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87106 is $5,046 per month. Households that rent pay about 17.28% of their income on rent here. 87106's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87102, NM: less expensive homes
- 87108, NM: less expensive homes
- 87110, NM: less expensive homes
- 87104, NM: equally priced homes
- 87116, NM: equally priced homes
- 87117, NM: equally priced homes
- 87107, NM: equally priced homes
- 87105, NM: less expensive homes
- 87109, NM: equally priced homes
- 87112, NM: less expensive homes
Zip Codes with Similar Populations
- 00669, PR: less expensive homes
- 46628, IN: less expensive homes
- 35611, AL: less expensive homes
- 34219, FL: higher priced homes
- 34202, FL: higher priced homes
- 33805, FL: less expensive homes
- 32117, FL: less expensive homes
- 29303, SC: less expensive homes
- 28001, NC: less expensive homes
- 27597, NC: less expensive homes
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