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These days, finding an affordable place to live in the 87554 area can be challenging. Home prices in 87554 are now at a median cost of $94,707, lower than the New Mexico average of $199,923.
The average cost of rent is $688/mo in 87554, primarily driven by the current value of real estate in the 87554 area. While nearly 88.21% of residents own their homes outright in 87554, 0.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87554 is $1,952 per month. Households that rent pay about 35.25% of their income on rent here. 87554's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87539, NM: equally priced homes
- 87581, NM: equally priced homes
- 87577, NM: higher priced homes
- 87517, NM: higher priced homes
- 87530, NM: higher priced homes
- 87513, NM: higher priced homes
- 87529, NM: higher priced homes
- 87557, NM: higher priced homes
- 87515, NM: higher priced homes
- 87580, NM: higher priced homes
Zip Codes with Similar Populations
- 79519, TX: higher priced homes
- 56287, MN: higher priced homes
- 56313, MN: higher priced homes
- 56389, MN: higher priced homes
- 56629, MN: higher priced homes
- 56668, MN: higher priced homes
- 56680, MN: higher priced homes
- 57660, SD: less expensive homes
- 58009, ND: higher priced homes
- 77960, TX: higher priced homes
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