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These days, finding an affordable place to live in the 87527 area can be challenging. Home prices in 87527 are now at a median cost of $185,000, lower than the New Mexico average of $199,923.
The average cost of rent is $570/mo in 87527, primarily driven by the current value of real estate in the 87527 area. While nearly 82.49% of residents own their homes outright in 87527, 10.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87527 is $3,068 per month. Households that rent pay about 18.58% of their income on rent here. 87527's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87531, NM: equally priced homes
- 87521, NM: less expensive homes
- 87582, NM: less expensive homes
- 87553, NM: less expensive homes
- 87578, NM: equally priced homes
- 87543, NM: less expensive homes
- 87511, NM: less expensive homes
- 87549, NM: less expensive homes
- 87523, NM: less expensive homes
- 87579, NM: less expensive homes
Zip Codes with Similar Populations
- 83451, ID: equally priced homes
- 72057, AR: less expensive homes
- 68643, NE: less expensive homes
- 62916, IL: less expensive homes
- 63036, MO: equally priced homes
- 65059, MO: less expensive homes
- 65080, MO: equally priced homes
- 65463, MO: less expensive homes
- 67441, KS: less expensive homes
- 68421, NE: less expensive homes
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