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Affordable
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These days, finding an affordable place to live in the 87549 area can be challenging. Home prices in 87549 are now at a median cost of $270,931, higher than the New Mexico average of $265,486.
The average cost of rent is $723/mo in 87549, primarily driven by the current value of real estate in the 87549 area. In 87549, 11.58% of households rent, and 64.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87549 is $7,554 per month. Households that rent pay about 9.57% of their income on rent here. 87549’s most expensive areas are in the northern 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
- 87582, NM: higher priced homes
- 87548, NM: higher priced homes
- 87511, NM: less expensive homes
- 87531, NM: higher priced homes
- 87530, NM: higher priced homes
- 87527, NM: higher priced homes
- 87539, NM: equally priced homes
- 87510, NM: higher priced homes
- 87521, NM: less expensive homes
- 87517, NM: equally priced homes
Zip Codes with Similar Populations
- 04939, ME: less expensive homes
- 04949, ME: less expensive homes
- 04987, ME: less expensive homes
- 05039, VT: less expensive homes
- 05675, VT: less expensive homes
- 05757, VT: equally priced homes
- 08001, NJ: higher priced homes
- 11547, NY: higher priced homes
- 13810, NY: less expensive homes
- 13757, NY: less expensive homes
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