Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87109 area can be challenging. Home prices in 87109 are now at a median cost of $235,978, higher than the New Mexico average of $199,923.
The average cost of rent is $1,231/mo in 87109, primarily driven by the current value of real estate in the 87109 area. While nearly 46.18% of residents own their homes outright in 87109, 50.06% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87109 is $4,684 per month. Households that rent pay about 26.29% of their income on rent here. 87109's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 87113, NM: higher priced homes
- 87110, NM: equally priced homes
- 87111, NM: higher priced homes
- 87122, NM: higher priced homes
- 87107, NM: equally priced homes
- 87112, NM: less expensive homes
- 87108, NM: less expensive homes
- 87106, NM: equally priced homes
- 87116, NM: higher priced homes
- 87102, NM: less expensive homes
Zip Codes with Similar Populations
- 00778, PR: less expensive homes
- 19147, PA: higher priced homes
- 90802, CA: higher priced homes
- 20164, VA: higher priced homes
- 12603, NY: higher priced homes
- 92037, CA: higher priced homes
- 21502, MD: less expensive homes
- 97236, OR: higher priced homes
- 11106, NY: higher priced homes
- 10583, NY: higher priced homes
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