Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87122 area can be challenging. Home prices in 87122 are now at a median cost of $550,224, higher than the New Mexico average of $199,923.
The average cost of rent is $1,575/mo in 87122, primarily driven by the current value of real estate in the 87122 area. While nearly 32.87% of residents own their homes outright in 87122, 10.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87122 is $12,135 per month. Households that rent pay about 12.98% of their income on rent here. 87122's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87111, NM: less expensive homes
- 87109, NM: less expensive homes
- 87113, NM: less expensive homes
- 87112, NM: less expensive homes
- 87110, NM: less expensive homes
- 87048, NM: less expensive homes
- 87107, NM: less expensive homes
- 87123, NM: less expensive homes
- 87108, NM: less expensive homes
- 87116, NM: less expensive homes
Zip Codes with Similar Populations
- 82501, WY: less expensive homes
- 44278, OH: less expensive homes
- 46703, IN: less expensive homes
- 48838, MI: less expensive homes
- 53538, WI: less expensive homes
- 55066, MN: less expensive homes
- 55350, MN: less expensive homes
- 57301, SD: less expensive homes
- 61550, IL: less expensive homes
- 62656, IL: less expensive homes
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