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These days, finding an affordable place to live in the 87375 area can be challenging. Home prices in 87375 are now at a median cost of $51,346, lower than the New Mexico average of $199,923.
The average cost of rent is $711/mo in 87375, primarily driven by the current value of real estate in the 87375 area. While nearly 82.46% of residents own their homes outright in 87375, 7.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87375 is $2,358 per month. Households that rent pay about 30.14% of their income on rent here. 87375's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87317, NM: higher priced homes
- 87310, NM: higher priced homes
- 87320, NM: less expensive homes
- 87301, NM: higher priced homes
- 87322, NM: equally priced homes
- 87319, NM: less expensive homes
- 87311, NM: less expensive homes
- 86515, AZ: higher priced homes
- 86504, AZ: less expensive homes
- 87316, NM: higher priced homes
Zip Codes with Similar Populations
- 18660, PA: higher priced homes
- 36091, AL: higher priced homes
- 02837, RI: higher priced homes
- 85377, AZ: higher priced homes
- 71033, LA: higher priced homes
- 65740, MO: higher priced homes
- 65704, MO: higher priced homes
- 63851, MO: higher priced homes
- 61547, IL: higher priced homes
- 56024, MN: higher priced homes
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