Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87517 area can be challenging. Home prices in 87517 are now at a median cost of $229,900, higher than the New Mexico average of $199,923.
The average cost of rent is $1,068/mo in 87517, primarily driven by the current value of real estate in the 87517 area. While nearly 63.19% of residents own their homes outright in 87517, 9.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87517 is $4,260 per month. Households that rent pay about 25.07% of their income on rent here. 87517's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 87557, NM: higher priced homes
- 87529, NM: higher priced homes
- 87571, NM: higher priced homes
- 87531, NM: less expensive homes
- 87539, NM: less expensive homes
- 87554, NM: less expensive homes
- 87549, NM: less expensive homes
- 87581, NM: less expensive homes
- 87530, NM: less expensive homes
- 87710, NM: higher priced homes
Zip Codes with Similar Populations
- 83825, ID: higher priced homes
- 16344, PA: less expensive homes
- 20373, DC: higher priced homes
- 25005, WV: less expensive homes
- 84623, UT: less expensive homes
- 26263, WV: less expensive homes
- 26266, WV: less expensive homes
- 84086, UT: less expensive homes
- 35584, AL: less expensive homes
- 84076, UT: less expensive homes
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