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These days, finding an affordable place to live in the 87419 area can be challenging. Home prices in 87419 are now at a median cost of $216,007, lower than the New Mexico average of $265,486.
The average cost of rent is $1,196/mo in 87419, primarily driven by the current value of real estate in the 87419 area. In 87419, 1.92% of households rent, and 54.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87419 is $4,934 per month. Households that rent pay about 24.24% of their income on rent here. 87419’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern 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
- 87412, NM: equally priced homes
- 87410, NM: equally priced homes
- 87415, NM: higher priced homes
- 87402, NM: higher priced homes
- 87418, NM: equally priced homes
- 87401, NM: equally priced homes
- 87528, NM: less expensive homes
- 87417, NM: equally priced homes
- 87416, NM: less expensive homes
- 87421, NM: less expensive homes
Zip Codes with Similar Populations
- 25047, WV: less expensive homes
- 87832, NM: less expensive homes
- 87728, NM: higher priced homes
- 87565, NM: equally priced homes
- 87531, NM: higher priced homes
- 87051, NM: less expensive homes
- 41540, KY: less expensive homes
- 26810, WV: equally priced homes
- 26731, WV: higher priced homes
- 25264, WV: less expensive homes
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