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These days, finding an affordable place to live in the 87544 area can be challenging. Home prices in 87544 are now at a median cost of $481,630, higher than the New Mexico average of $265,486.
The average cost of rent is $1,469/mo in 87544, primarily driven by the current value of real estate in the 87544 area. In 87544, 32.32% of households rent, and 33.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87544 is $11,995 per month. Households that rent pay about 12.25% of their income on rent here. 87544’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 87547, NM: higher priced homes
- 87532, NM: less expensive homes
- 87567, NM: less expensive homes
- 87506, NM: higher priced homes
- 87025, NM: less expensive homes
- 87574, NM: higher priced homes
- 87573, NM: less expensive homes
- 87742, NM: less expensive homes
- 87715, NM: less expensive homes
- 87013, NM: less expensive homes
Zip Codes with Similar Populations
- 01938, MA: higher priced homes
- 98077, WA: higher priced homes
- 97741, OR: less expensive homes
- 97089, OR: higher priced homes
- 95130, CA: higher priced homes
- 86413, AZ: less expensive homes
- 20166, VA: higher priced homes
- 19968, DE: less expensive homes
- 19962, DE: less expensive homes
- 19390, PA: less expensive homes
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