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These days, finding an affordable place to live in the 87560 area can be challenging. Home prices in 87560 are now at a median cost of $107,463, lower than the New Mexico average of $199,923.
The average cost of rent is $617/mo in 87560, primarily driven by the current value of real estate in the 87560 area. While nearly 83.19% of residents own their homes outright in 87560, 29.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87560 is $3,415 per month. Households that rent pay about 18.06% of their income on rent here. 87560's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 87583, NM: higher priced homes
- 87565, NM: higher priced homes
- 87569, NM: higher priced homes
- 87538, NM: higher priced homes
- 87562, NM: higher priced homes
- 87711, NM: less expensive homes
- 87540, NM: higher priced homes
- 87010, NM: higher priced homes
- 88439, NM: equally priced homes
- 88421, NM: equally priced homes
Zip Codes with Similar Populations
- 01368, MA: higher priced homes
- 75451, TX: higher priced homes
- 74878, OK: equally priced homes
- 63852, MO: less expensive homes
- 59263, MT: higher priced homes
- 56321, MN: higher priced homes
- 56319, MN: higher priced homes
- 56314, MN: higher priced homes
- 56180, MN: less expensive homes
- 55732, MN: higher priced homes
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