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Expensive
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These days, finding an affordable place to live in the 87514 area can be challenging. Home prices in 87514 are now at a median cost of $403,602, higher than the New Mexico average of $199,923.
The average cost of rent is $927/mo in 87514, primarily driven by the current value of real estate in the 87514 area. While nearly 68.74% of residents own their homes outright in 87514, 0.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87514 is $4,763 per month. Households that rent pay about 19.46% of their income on rent here. 87514's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 87580, NM: less expensive homes
- 87529, NM: equally priced homes
- 87513, NM: less expensive homes
- 87564, NM: equally priced homes
- 87525, NM: equally priced homes
- 87558, NM: less expensive homes
- 87718, NM: less expensive homes
- 87577, NM: less expensive homes
- 87554, NM: less expensive homes
- 87749, NM: less expensive homes
Zip Codes with Similar Populations
- 73027, OK: less expensive homes
- 41083, KY: less expensive homes
- 41603, KY: less expensive homes
- 42215, KY: less expensive homes
- 43549, OH: less expensive homes
- 43915, OH: less expensive homes
- 45729, OH: less expensive homes
- 46760, IN: less expensive homes
- 03745, NH: less expensive homes
- 47649, IN: less expensive homes
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