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These days, finding an affordable place to live in the 87553 area can be challenging. Home prices in 87553 are now at a median cost of $207,007, lower than the New Mexico average of $265,486.
The average cost of rent is $1,004/mo in 87553, primarily driven by the current value of real estate in the 87553 area. In 87553, 20.05% of households rent, and 80.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87553 is $4,148 per month. Households that rent pay about 24.20% of their income on rent here. 87553’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 87543, NM: less expensive homes
- 87521, NM: equally priced homes
- 87579, NM: less expensive homes
- 87527, NM: higher priced homes
- 87531, NM: higher priced homes
- 87578, NM: higher priced homes
- 87523, NM: equally priced homes
- 87582, NM: higher priced homes
- 87522, NM: higher priced homes
- 87713, NM: less expensive homes
Zip Codes with Similar Populations
- 99743, AK: higher priced homes
- 77533, TX: less expensive homes
- 80705, CO: higher priced homes
- 90071, CA: higher priced homes
- 25512, WV: less expensive homes
- 96024, CA: higher priced homes
- 24437, VA: higher priced homes
- 23964, VA: less expensive homes
- 97823, OR: less expensive homes
- 98358, WA: higher priced homes
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