Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87124 area can be challenging. Home prices in 87124 are now at a median cost of $208,877, higher than the New Mexico average of $199,923.
The average cost of rent is $1,260/mo in 87124, primarily driven by the current value of real estate in the 87124 area. While nearly 31.07% of residents own their homes outright in 87124, 23.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87124 is $5,678 per month. Households that rent pay about 22.20% of their income on rent here. 87124's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 87114, NM: higher priced homes
- 87048, NM: higher priced homes
- 87144, NM: higher priced homes
- 87113, NM: higher priced homes
- 87120, NM: higher priced homes
- 87107, NM: higher priced homes
- 87004, NM: equally priced homes
- 87109, NM: higher priced homes
- 87104, NM: higher priced homes
- 87122, NM: higher priced homes
Zip Codes with Similar Populations
- 92223, CA: higher priced homes
- 33032, FL: higher priced homes
- 33414, FL: higher priced homes
- 34744, FL: higher priced homes
- 37130, TN: higher priced homes
- 43068, OH: less expensive homes
- 43228, OH: less expensive homes
- 55044, MN: higher priced homes
- 65203, MO: higher priced homes
- 72764, AR: equally priced homes
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