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Expensive
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These days, finding an affordable place to live in the 87315 area can be challenging. Home prices in 87315 are now at a median cost of $117,486, lower than the New Mexico average of $199,923.
The average cost of rent is $694/mo in 87315, primarily driven by the current value of real estate in the 87315 area. While nearly 95.67% of residents own their homes outright in 87315, 4.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87315 is $4,517 per month. Households that rent pay about 15.36% of their income on rent here. 87315's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 85942, AZ: higher priced homes
- 85937, AZ: higher priced homes
- 87006, NM: higher priced homes
- 87023, NM: higher priced homes
- 87002, NM: higher priced homes
- 87060, NM: higher priced homes
- 87031, NM: higher priced homes
- 87061, NM: higher priced homes
- 87036, NM: equally priced homes
- 87016, NM: higher priced homes
Zip Codes with Similar Populations
- 26660, WV: less expensive homes
- 97357, OR: higher priced homes
- 97473, OR: higher priced homes
- 97480, OR: higher priced homes
- 97484, OR: higher priced homes
- 98224, WA: higher priced homes
- 98859, WA: higher priced homes
- 99135, WA: higher priced homes
- 99693, AK: less expensive homes
- 27967, NC: less expensive homes
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