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These days, finding an affordable place to live in the 87323 area can be challenging. Home prices in 87323 are now at a median cost of $94,659, lower than the New Mexico average of $265,486.
The average cost of rent is $740/mo in 87323, primarily driven by the current value of real estate in the 87323 area. In 87323, 13.46% of households rent, and 84.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87323 is $3,420 per month. Households that rent pay about 21.63% of their income on rent here. 87323’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 87312, NM: higher priced homes
- 87045, NM: equally priced homes
- 87347, NM: higher priced homes
- 87316, NM: less expensive homes
- 87311, NM: less expensive homes
- 87322, NM: less expensive homes
- 87301, NM: higher priced homes
- 87305, NM: less expensive homes
- 87317, NM: less expensive homes
- 87319, NM: less expensive homes
Zip Codes with Similar Populations
- 63361, MO: higher priced homes
- 48631, MI: higher priced homes
- 49336, MI: higher priced homes
- 52655, IA: higher priced homes
- 53934, WI: higher priced homes
- 53952, WI: higher priced homes
- 54520, WI: higher priced homes
- 54722, WI: higher priced homes
- 55072, MN: higher priced homes
- 58047, ND: higher priced homes
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