Affordable
Expensive
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These days, finding an affordable place to live in the 87524 area can be challenging. Home prices in 87524 are now at a median cost of $230,234, higher than the New Mexico average of $199,923.
The average cost of rent is $934/mo in 87524, primarily driven by the current value of real estate in the 87524 area. While nearly 67.10% of residents own their homes outright in 87524, 10.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87524 is $6,111 per month. Households that rent pay about 15.28% of their income on rent here. 87524's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 81138, CO: less expensive homes
- 87512, NM: less expensive homes
- 81129, CO: less expensive homes
- 81120, CO: less expensive homes
- 87520, NM: less expensive homes
- 87740, NM: less expensive homes
- 81128, CO: higher priced homes
- 81081, CO: less expensive homes
- 87528, NM: less expensive homes
- 81121, CO: higher priced homes
Zip Codes with Similar Populations
- 31627, GA: less expensive homes
- 93928, CA: higher priced homes
- 90073, CA: higher priced homes
- 89412, NV: higher priced homes
- 87063, NM: less expensive homes
- 84626, UT: equally priced homes
- 41663, KY: less expensive homes
- 41364, KY: less expensive homes
- 40982, KY: less expensive homes
- 39359, MS: less expensive homes
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