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These days, finding an affordable place to live in the 87532 area can be challenging. Home prices in 87532 are now at a median cost of $179,797, lower than the New Mexico average of $199,923.
The average cost of rent is $765/mo in 87532, primarily driven by the current value of real estate in the 87532 area. While nearly 64.20% of residents own their homes outright in 87532, 32.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87532 is $3,904 per month. Households that rent pay about 19.59% of their income on rent here. 87532's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87567, NM: equally priced homes
- 87566, NM: higher priced homes
- 87522, NM: higher priced homes
- 87537, NM: equally priced homes
- 87523, NM: less expensive homes
- 87506, NM: higher priced homes
- 87547, NM: higher priced homes
- 87574, NM: higher priced homes
- 87578, NM: equally priced homes
- 87544, NM: higher priced homes
Zip Codes with Similar Populations
- 13903, NY: less expensive homes
- 80487, CO: higher priced homes
- 21613, MD: higher priced homes
- 22151, VA: higher priced homes
- 20132, VA: higher priced homes
- 19804, DE: higher priced homes
- 19123, PA: higher priced homes
- 15425, PA: less expensive homes
- 15220, PA: equally priced homes
- 14760, NY: less expensive homes
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