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These days, finding an affordable place to live in the 87317 area can be challenging. Home prices in 87317 are now at a median cost of $76,456, lower than the New Mexico average of $265,486.
The average cost of rent is $894/mo in 87317, primarily driven by the current value of real estate in the 87317 area. In 87317, 42.11% of households rent, and 79.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87317 is $4,015 per month. Households that rent pay about 22.27% of their income on rent here. 87317’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 87301, NM: higher priced homes
- 87375, NM: less expensive homes
- 87322, NM: less expensive homes
- 87319, NM: less expensive homes
- 87311, NM: less expensive homes
- 87305, NM: less expensive homes
- 87316, NM: equally priced homes
- 86515, AZ: equally priced homes
- 87347, NM: higher priced homes
- 86511, AZ: equally priced homes
Zip Codes with Similar Populations
- 78055, TX: higher priced homes
- 18854, PA: higher priced homes
- 19967, DE: higher priced homes
- 22971, VA: higher priced homes
- 23153, VA: higher priced homes
- 23840, VA: higher priced homes
- 24553, VA: higher priced homes
- 25537, WV: higher priced homes
- 26031, WV: higher priced homes
- 88026, NM: higher priced homes
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