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Affordable
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These days, finding an affordable place to live in the 87110 area can be challenging. Home prices in 87110 are now at a median cost of $286,993, higher than the New Mexico average of $265,486.
The average cost of rent is $1,335/mo in 87110, primarily driven by the current value of real estate in the 87110 area. In 87110, 41.93% of households rent, and 40.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87110 is $5,894 per month. Households that rent pay about 22.64% of their income on rent here. 87110’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 87108, NM: less expensive homes
- 87109, NM: equally priced homes
- 87106, NM: higher priced homes
- 87112, NM: equally priced homes
- 87116, NM: equally priced homes
- 87111, NM: higher priced homes
- 87107, NM: equally priced homes
- 87117, NM: equally priced homes
- 87102, NM: less expensive homes
- 87123, NM: less expensive homes
Zip Codes with Similar Populations
- 08401, NJ: less expensive homes
- 86004, AZ: higher priced homes
- 85260, AZ: higher priced homes
- 85203, AZ: higher priced homes
- 90810, CA: higher priced homes
- 93305, CA: less expensive homes
- 94520, CA: higher priced homes
- 94583, CA: higher priced homes
- 95120, CA: higher priced homes
- 60504, IL: equally priced homes
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