Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87117 area can be challenging. Home prices in 87117 are now at a median cost of $271,200, higher than the New Mexico average of $199,923.
The average cost of rent is $1,410/mo in 87117, primarily driven by the current value of real estate in the 87117 area. While nearly 100.00% of residents own their homes outright in 87117, 96.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87117 is $5,335 per month. Households that rent pay about 26.43% of their income on rent here. 87117's most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87116, NM: equally priced homes
- 87108, NM: less expensive homes
- 87123, NM: less expensive homes
- 87106, NM: equally priced homes
- 87112, NM: less expensive homes
- 87110, NM: less expensive homes
- 87102, NM: less expensive homes
- 87111, NM: higher priced homes
- 87109, NM: less expensive homes
- 87107, NM: less expensive homes
Zip Codes with Similar Populations
- 84530, UT: equally priced homes
- 17930, PA: less expensive homes
- 19559, PA: less expensive homes
- 23056, VA: equally priced homes
- 23079, VA: less expensive homes
- 23347, VA: higher priced homes
- 23938, VA: less expensive homes
- 24860, WV: less expensive homes
- 87936, NM: less expensive homes
- 25913, WV: less expensive homes
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