Affordable
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These days, finding an affordable place to live in the 87121 area can be challenging. Home prices in 87121 are now at a median cost of $150,602, lower than the New Mexico average of $199,923.
The average cost of rent is $1,071/mo in 87121, primarily driven by the current value of real estate in the 87121 area. While nearly 30.26% of residents own their homes outright in 87121, 28.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87121 is $4,112 per month. Households that rent pay about 26.04% of their income on rent here. 87121's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 87105, NM: equally priced homes
- 87104, NM: higher priced homes
- 87102, NM: higher priced homes
- 87120, NM: higher priced homes
- 87106, NM: higher priced homes
- 87107, NM: higher priced homes
- 87108, NM: higher priced homes
- 87110, NM: higher priced homes
- 87117, NM: higher priced homes
- 87116, NM: higher priced homes
Zip Codes with Similar Populations
- 99301, WA: higher priced homes
- 11221, NY: higher priced homes
- 11355, NY: higher priced homes
- 92804, CA: higher priced homes
- 93727, CA: higher priced homes
- 78130, TX: higher priced homes
- 73099, OK: higher priced homes
- 85142, AZ: higher priced homes
- 91709, CA: higher priced homes
- 79928, TX: less expensive homes
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