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These days, finding an affordable place to live in the 87548 area can be challenging. Home prices in 87548 are now at a median cost of $173,800, lower than the New Mexico average of $199,923.
The average cost of rent is $667/mo in 87548, primarily driven by the current value of real estate in the 87548 area. While nearly 60.07% of residents own their homes outright in 87548, 15.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87548 is $5,374 per month. Households that rent pay about 12.41% of their income on rent here. 87548's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87549, NM: less expensive homes
- 87537, NM: equally priced homes
- 87510, NM: higher priced homes
- 87511, NM: equally priced homes
- 87566, NM: higher priced homes
- 87582, NM: equally priced homes
- 87516, NM: higher priced homes
- 87531, NM: equally priced homes
- 87527, NM: equally priced homes
- 87522, NM: higher priced homes
Zip Codes with Similar Populations
- 16729, PA: less expensive homes
- 95668, CA: higher priced homes
- 97436, OR: higher priced homes
- 98585, WA: higher priced homes
- 18471, PA: higher priced homes
- 17002, PA: higher priced homes
- 16636, PA: less expensive homes
- 16160, PA: less expensive homes
- 15920, PA: less expensive homes
- 14878, NY: less expensive homes
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