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These days, finding an affordable place to live in the 87364 area can be challenging. Home prices in 87364 are now at a median cost of $68,196, lower than the New Mexico average of $265,486.
The average cost of rent is $758/mo in 87364, primarily driven by the current value of real estate in the 87364 area. In 87364, 14.63% of households rent, and 93.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87364 is $2,456 per month. Households that rent pay about 30.85% of their income on rent here. 87364’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
- 86556, AZ: less expensive homes
- 87499, NM: higher priced homes
- 86503, AZ: less expensive homes
- 87037, NM: equally priced homes
- 87018, NM: less expensive homes
- 86510, AZ: higher priced homes
- 87027, NM: higher priced homes
- 87046, NM: higher priced homes
- 86039, AZ: higher priced homes
- 87017, NM: higher priced homes
Zip Codes with Similar Populations
- 08738, NJ: higher priced homes
- 83325, ID: higher priced homes
- 06785, CT: higher priced homes
- 05824, VT: higher priced homes
- 66078, KS: higher priced homes
- 72373, AR: less expensive homes
- 63087, MO: higher priced homes
- 63336, MO: higher priced homes
- 63545, MO: higher priced homes
- 64494, MO: higher priced homes
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