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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 $157,531, lower than the New Mexico average of $199,923.
The average cost of rent is $1,281/mo in 87549, primarily driven by the current value of real estate in the 87549 area. While nearly 71.95% of residents own their homes outright in 87549, 8.89% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87549 is $5,374 per month. Households that rent pay about 23.84% of their income on rent here. 87549's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 87582, NM: equally priced homes
- 87548, NM: higher priced homes
- 87511, NM: equally priced homes
- 87531, NM: higher priced homes
- 87530, NM: less expensive homes
- 87527, NM: higher priced homes
- 87539, NM: less expensive homes
- 87510, NM: higher priced homes
- 87521, NM: equally priced homes
- 87517, NM: higher priced homes
Zip Codes with Similar Populations
- 04939, ME: less expensive homes
- 04949, ME: higher priced homes
- 04987, ME: equally priced homes
- 05039, VT: higher priced homes
- 05675, VT: equally priced homes
- 05757, VT: higher priced homes
- 08001, NJ: higher priced homes
- 11547, NY: higher priced homes
- 13810, NY: equally priced homes
- 13757, NY: equally priced homes
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