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Expensive
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These days, finding an affordable place to live in the 87543 area can be challenging. Home prices in 87543 are now at a median cost of $127,400, lower than the New Mexico average of $199,923.
The average cost of rent is $989/mo in 87543, primarily driven by the current value of real estate in the 87543 area. While nearly 64.86% of residents own their homes outright in 87543, 32.57% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87543 is $4,450 per month. Households that rent pay about 22.22% of their income on rent here. 87543's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87579, NM: higher priced homes
- 87553, NM: higher priced homes
- 87521, NM: higher priced homes
- 87578, NM: higher priced homes
- 87527, NM: higher priced homes
- 87531, NM: higher priced homes
- 87523, NM: higher priced homes
- 87713, NM: equally priced homes
- 87582, NM: higher priced homes
- 87522, NM: higher priced homes
Zip Codes with Similar Populations
- 79505, TX: less expensive homes
- 26638, WV: less expensive homes
- 26707, WV: less expensive homes
- 27819, NC: less expensive homes
- 27821, NC: less expensive homes
- 28076, NC: less expensive homes
- 28350, NC: higher priced homes
- 29346, SC: less expensive homes
- 29939, SC: less expensive homes
- 26611, WV: less expensive homes
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