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These days, finding an affordable place to live in the 87522 area can be challenging. Home prices in 87522 are now at a median cost of $261,889, lower than the New Mexico average of $265,486.
The average cost of rent is $965/mo in 87522, primarily driven by the current value of real estate in the 87522 area. In 87522, 20.29% of households rent, and 71.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87522 is $5,447 per month. Households that rent pay about 17.72% of their income on rent here. 87522’s most expensive areas are in the southern 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
- 87523, NM: less expensive homes
- 87567, NM: equally priced homes
- 87532, NM: equally priced homes
- 87578, NM: equally priced homes
- 87566, NM: less expensive homes
- 87511, NM: less expensive homes
- 87582, NM: higher priced homes
- 87537, NM: equally priced homes
- 87527, NM: higher priced homes
- 87521, NM: less expensive homes
Zip Codes with Similar Populations
- 66040, KS: less expensive homes
- 44436, OH: less expensive homes
- 44822, OH: equally priced homes
- 44824, OH: less expensive homes
- 44847, OH: less expensive homes
- 45130, OH: less expensive homes
- 45771, OH: less expensive homes
- 45784, OH: less expensive homes
- 45813, OH: less expensive homes
- 46065, IN: less expensive homes
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