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These days, finding an affordable place to live in the 87510 area can be challenging. Home prices in 87510 are now at a median cost of $350,164, higher than the New Mexico average of $265,486.
The average cost of rent is $727/mo in 87510, primarily driven by the current value of real estate in the 87510 area. In 87510, 8.57% of households rent, and 48.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87510 is $4,730 per month. Households that rent pay about 15.36% of their income on rent here. 87510’s most expensive areas are in the northeastern 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
- 87548, NM: equally priced homes
- 87516, NM: less expensive homes
- 87530, NM: less expensive homes
- 87549, NM: less expensive homes
- 87064, NM: less expensive homes
- 87511, NM: less expensive homes
- 87582, NM: less expensive homes
- 87539, NM: less expensive homes
- 87012, NM: less expensive homes
- 87531, NM: less expensive homes
Zip Codes with Similar Populations
- 81236, CO: higher priced homes
- 17765, PA: less expensive homes
- 18216, PA: less expensive homes
- 19453, PA: higher priced homes
- 20624, MD: higher priced homes
- 24237, VA: less expensive homes
- 98394, WA: higher priced homes
- 24818, WV: less expensive homes
- 89020, NV: less expensive homes
- 88426, NM: less expensive homes
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