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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 $186,618, lower than the New Mexico average of $265,486.
The average cost of rent is $699/mo in 87315, primarily driven by the current value of real estate in the 87315 area. In 87315, 10.37% of households rent, and 63.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87315 is $7,184 per month. Households that rent pay about 9.73% of their income on rent here. 87315’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 85942, AZ: higher priced homes
- 85937, AZ: higher priced homes
- 87006, NM: equally priced homes
- 87023, NM: equally priced homes
- 87002, NM: equally priced homes
- 87060, NM: higher priced homes
- 87031, NM: higher priced homes
- 87061, NM: equally priced homes
- 87036, NM: equally priced homes
- 87016, NM: less expensive 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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