Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87111 area can be challenging. Home prices in 87111 are now at a median cost of $318,320, higher than the New Mexico average of $199,923.
The average cost of rent is $1,228/mo in 87111, primarily driven by the current value of real estate in the 87111 area. While nearly 42.31% of residents own their homes outright in 87111, 35.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87111 is $7,406 per month. Households that rent pay about 16.59% of their income on rent here. 87111's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 87112, NM: less expensive homes
- 87122, NM: higher priced homes
- 87109, NM: less expensive homes
- 87110, NM: less expensive homes
- 87113, NM: less expensive homes
- 87123, NM: less expensive homes
- 87108, NM: less expensive homes
- 87116, NM: less expensive homes
- 87117, NM: less expensive homes
- 87107, NM: less expensive homes
Zip Codes with Similar Populations
- 19104, PA: equally priced homes
- 92708, CA: higher priced homes
- 92646, CA: higher priced homes
- 93436, CA: higher priced homes
- 94122, CA: higher priced homes
- 95023, CA: higher priced homes
- 29485, SC: less expensive homes
- 06511, CT: less expensive homes
- 19382, PA: higher priced homes
- 17601, PA: less expensive homes
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