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Expensive
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These days, finding an affordable place to live in the 87415 area can be challenging. Home prices in 87415 are now at a median cost of $212,014, higher than the New Mexico average of $199,923.
The average cost of rent is $1,065/mo in 87415, primarily driven by the current value of real estate in the 87415 area. While nearly 28.66% of residents own their homes outright in 87415, 18.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87415 is $4,816 per month. Households that rent pay about 22.11% of their income on rent here. 87415's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 87402, NM: equally priced homes
- 87410, NM: less expensive homes
- 87401, NM: less expensive homes
- 87418, NM: less expensive homes
- 87417, NM: less expensive homes
- 87416, NM: less expensive homes
- 87412, NM: less expensive homes
- 87421, NM: less expensive homes
- 87419, NM: less expensive homes
- 87420, NM: less expensive homes
Zip Codes with Similar Populations
- 54631, WI: less expensive homes
- 71039, LA: less expensive homes
- 67108, KS: less expensive homes
- 65053, MO: less expensive homes
- 65035, MO: less expensive homes
- 60511, IL: higher priced homes
- 60150, IL: less expensive homes
- 56171, MN: less expensive homes
- 56017, MN: higher priced homes
- 71675, AR: less expensive homes
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