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These days, finding an affordable place to live in the 87520 area can be challenging. Home prices in 87520 are now at a median cost of $168,019, lower than the New Mexico average of $199,923.
The average cost of rent is $551/mo in 87520, primarily driven by the current value of real estate in the 87520 area. While nearly 62.62% of residents own their homes outright in 87520, 18.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87520 is $3,670 per month. Households that rent pay about 15.01% of their income on rent here. 87520's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87575, NM: equally priced homes
- 87551, NM: equally priced homes
- 87528, NM: less expensive homes
- 87519, NM: higher priced homes
- 87556, NM: higher priced homes
- 87524, NM: higher priced homes
- 87419, NM: less expensive homes
- 87512, NM: equally priced homes
- 87412, NM: less expensive homes
- 87410, NM: equally priced homes
Zip Codes with Similar Populations
- 08328, NJ: higher priced homes
- 12592, NY: higher priced homes
- 13477, NY: less expensive homes
- 13835, NY: less expensive homes
- 14143, NY: less expensive homes
- 03230, NH: equally priced homes
- 94923, CA: higher priced homes
- 68651, NE: less expensive homes
- 63945, MO: equally priced homes
- 64867, MO: less expensive homes
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