Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87538 area can be challenging. Home prices in 87538 are now at a median cost of $243,901, higher than the New Mexico average of $199,923.
The average cost of rent is $641/mo in 87538, primarily driven by the current value of real estate in the 87538 area. While nearly 75.73% of residents own their homes outright in 87538, 6.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87538 is $3,588 per month. Households that rent pay about 17.86% of their income on rent here. 87538's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87565, NM: less expensive homes
- 87562, NM: less expensive homes
- 87560, NM: less expensive homes
- 87552, NM: less expensive homes
- 87535, NM: higher priced homes
- 87569, NM: less expensive homes
- 87540, NM: higher priced homes
- 87701, NM: less expensive homes
- 87508, NM: higher priced homes
- 87010, NM: higher priced homes
Zip Codes with Similar Populations
- 95728, CA: higher priced homes
- 16623, PA: less expensive homes
- 17762, PA: less expensive homes
- 17925, PA: less expensive homes
- 18932, PA: higher priced homes
- 21153, MD: higher priced homes
- 23893, VA: less expensive homes
- 23897, VA: less expensive homes
- 92309, CA: less expensive homes
- 95007, CA: higher priced homes
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