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These days, finding an affordable place to live in the 87322 area can be challenging. Home prices in 87322 are now at a median cost of $51,223, lower than the New Mexico average of $199,923.
The average cost of rent is $1,230/mo in 87322, primarily driven by the current value of real estate in the 87322 area. While nearly 78.36% of residents own their homes outright in 87322, 14.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87322 is $3,320 per month. Households that rent pay about 37.05% of their income on rent here. 87322's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87311, NM: less expensive homes
- 87301, NM: higher priced homes
- 87316, NM: higher priced homes
- 87317, NM: higher priced homes
- 87305, NM: equally priced homes
- 87347, NM: higher priced homes
- 87375, NM: equally priced homes
- 87319, NM: less expensive homes
- 87312, NM: higher priced homes
- 86515, AZ: higher priced homes
Zip Codes with Similar Populations
- 99763, AK: higher priced homes
- 17266, PA: higher priced homes
- 15949, PA: higher priced homes
- 14824, NY: higher priced homes
- 93517, CA: higher priced homes
- 93962, CA: higher priced homes
- 97843, OR: higher priced homes
- 12175, NY: higher priced homes
- 12130, NY: higher priced homes
- 99636, AK: higher priced homes
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