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These days, finding an affordable place to live in the 87113 area can be challenging. Home prices in 87113 are now at a median cost of $370,226, higher than the New Mexico average of $265,486.
The average cost of rent is $1,689/mo in 87113, primarily driven by the current value of real estate in the 87113 area. In 87113, 26.62% of households rent, and 35.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87113 is $8,535 per month. Households that rent pay about 19.79% of their income on rent here. 87113’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 87109, NM: less expensive homes
- 87122, NM: higher priced homes
- 87107, NM: less expensive homes
- 87048, NM: higher priced homes
- 87110, NM: less expensive homes
- 87111, NM: higher priced homes
- 87114, NM: equally priced homes
- 87112, NM: less expensive homes
- 87104, NM: equally priced homes
- 87106, NM: less expensive homes
Zip Codes with Similar Populations
- 74114, OK: higher priced homes
- 32669, FL: equally priced homes
- 33412, FL: higher priced homes
- 34105, FL: higher priced homes
- 34134, FL: higher priced homes
- 34442, FL: less expensive homes
- 34984, FL: equally priced homes
- 37763, TN: less expensive homes
- 38606, MS: less expensive homes
- 44030, OH: less expensive homes
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