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These days, finding an affordable place to live in the 87357 area can be challenging. Home prices in 87357 are now at a median cost of $78,028, lower than the New Mexico average of $199,923.
The average cost of rent is $530/mo in 87357, primarily driven by the current value of real estate in the 87357 area. While nearly 83.79% of residents own their homes outright in 87357, 30.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87357 is $2,714 per month. Households that rent pay about 19.53% of their income on rent here. 87357's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 87321, NM: higher priced homes
- 87327, NM: equally priced homes
- 87034, NM: higher priced homes
- 87049, NM: higher priced homes
- 87007, NM: less expensive homes
- 87038, NM: less expensive homes
- 87026, NM: equally priced homes
- 86029, AZ: higher priced homes
- 87121, NM: higher priced homes
- 87022, NM: equally priced homes
Zip Codes with Similar Populations
- 12873, NY: higher priced homes
- 86544, AZ: less expensive homes
- 18371, PA: higher priced homes
- 18070, PA: higher priced homes
- 16661, PA: equally priced homes
- 15856, PA: higher priced homes
- 15060, PA: higher priced homes
- 14728, NY: higher priced homes
- 13755, NY: higher priced homes
- 13244, NY: higher priced homes
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