Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the 87461 area can be challenging. Home prices in 87461 are now at a median cost of $35,942, lower than the New Mexico average of $265,486.
The average cost of rent is $644/mo in 87461, primarily driven by the current value of real estate in the 87461 area. In 87461, 13.57% of households rent, and 90.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87461 is $2,751 per month. Households that rent pay about 23.42% of their income on rent here. 87461’s most expensive areas are in the northeastern 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
- 87455, NM: less expensive homes
- 86544, AZ: higher priced homes
- 86507, AZ: higher priced homes
- 86547, AZ: higher priced homes
- 86538, AZ: higher priced homes
- 86054, AZ: higher priced homes
- 87029, NM: higher priced homes
- 86044, AZ: higher priced homes
- 86053, AZ: higher priced homes
- 87518, NM: higher priced homes
Zip Codes with Similar Populations
- 99161, WA: higher priced homes
- 84746, UT: higher priced homes
- 86032, AZ: higher priced homes
- 86337, AZ: higher priced homes
- 93606, CA: higher priced homes
- 95468, CA: higher priced homes
- 95681, CA: higher priced homes
- 95919, CA: higher priced homes
- 96729, HI: higher priced homes
- 98326, WA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood