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These days, finding an affordable place to live in the 87320 area can be challenging. Home prices in 87320 are now at a median cost of $43,786, lower than the New Mexico average of $199,923.
The average cost of rent is $497/mo in 87320, primarily driven by the current value of real estate in the 87320 area. While nearly 91.60% of residents own their homes outright in 87320, 7.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87320 is $2,363 per month. Households that rent pay about 21.04% of their income on rent here. 87320's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87375, NM: higher priced homes
- 87310, NM: higher priced homes
- 86515, AZ: higher priced homes
- 86504, AZ: equally priced homes
- 86511, AZ: higher priced homes
- 87313, NM: higher priced homes
- 86505, AZ: equally priced homes
- 86034, AZ: higher priced homes
- 86042, AZ: higher priced homes
- 86043, AZ: higher priced homes
Zip Codes with Similar Populations
- 13355, NY: higher priced homes
- 15049, PA: higher priced homes
- 59410, MT: higher priced homes
- 74831, OK: higher priced homes
- 74423, OK: higher priced homes
- 71264, LA: higher priced homes
- 70355, LA: higher priced homes
- 67029, KS: higher priced homes
- 65685, MO: higher priced homes
- 65601, MO: higher priced homes
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