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These days, finding an affordable place to live in the 87499 area can be challenging. Home prices in 87499 are now at a median cost of $83,792, lower than the New Mexico average of $265,486.
The average cost of rent is $829/mo in 87499, primarily driven by the current value of real estate in the 87499 area. In 87499, 19.81% of households rent, and 97.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87499 is $2,762 per month. Households that rent pay about 30.03% of their income on rent here. 87499’s most expensive areas are in the northern 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
- 87037, NM: less expensive homes
- 87364, NM: less expensive homes
- 87455, NM: less expensive homes
- 87018, NM: less expensive homes
- 86556, AZ: less expensive homes
- 87029, NM: higher priced homes
- 87046, NM: higher priced homes
- 87027, NM: higher priced homes
- 87017, NM: higher priced homes
- 86538, AZ: less expensive homes
Zip Codes with Similar Populations
- 32323, FL: higher priced homes
- 85328, AZ: less expensive homes
- 84740, UT: higher priced homes
- 84734, UT: higher priced homes
- 83806, ID: higher priced homes
- 83223, ID: higher priced homes
- 82723, WY: higher priced homes
- 82441, WY: higher priced homes
- 82059, WY: higher priced homes
- 81640, CO: higher priced homes
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