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These days, finding an affordable place to live in the 87525 area can be challenging. Home prices in 87525 are now at a median cost of $487,039, higher than the New Mexico average of $265,486.
The average cost of rent is $1,486/mo in 87525, primarily driven by the current value of real estate in the 87525 area. In 87525, 9.43% of households rent, and 74.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87525 is $6,058 per month. Households that rent pay about 24.53% of their income on rent here. 87525’s most expensive areas are in the western regions, while the cheapest areas are in the central 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
- 87558, NM: less expensive homes
- 87514, NM: higher priced homes
- 87580, NM: higher priced homes
- 87718, NM: less expensive homes
- 87564, NM: less expensive homes
- 87529, NM: equally priced homes
- 87513, NM: less expensive homes
- 87749, NM: less expensive homes
- 87577, NM: less expensive homes
- 87714, NM: less expensive homes
Zip Codes with Similar Populations
- 78142, TX: less expensive homes
- 56685, MN: less expensive homes
- 56687, MN: less expensive homes
- 56731, MN: less expensive homes
- 57061, SD: less expensive homes
- 57346, SD: less expensive homes
- 57379, SD: less expensive homes
- 57421, SD: less expensive homes
- 57455, SD: less expensive homes
- 57562, SD: less expensive homes
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