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These days, finding an affordable place to live in the 87530 area can be challenging. Home prices in 87530 are now at a median cost of $135,867, lower than the New Mexico average of $199,923.
The average cost of rent is $667/mo in 87530, primarily driven by the current value of real estate in the 87530 area. While nearly 80.79% of residents own their homes outright in 87530, 2.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87530 is $2,082 per month. Households that rent pay about 32.03% of their income on rent here. 87530's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 87539, NM: less expensive homes
- 87510, NM: higher priced homes
- 87549, NM: higher priced homes
- 87581, NM: less expensive homes
- 87554, NM: less expensive homes
- 87515, NM: higher priced homes
- 87531, NM: higher priced homes
- 87064, NM: higher priced homes
- 87517, NM: higher priced homes
- 87557, NM: higher priced homes
Zip Codes with Similar Populations
- 58228, ND: higher priced homes
- 75478, TX: equally priced homes
- 68313, NE: higher priced homes
- 64873, MO: equally priced homes
- 64841, MO: less expensive homes
- 64481, MO: less expensive homes
- 64421, MO: less expensive homes
- 63867, MO: less expensive homes
- 62807, IL: less expensive homes
- 62219, IL: higher priced homes
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