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These days, finding an affordable place to live in the 87565 area can be challenging. Home prices in 87565 are now at a median cost of $224,754, lower than the New Mexico average of $265,486.
The average cost of rent is $860/mo in 87565, primarily driven by the current value of real estate in the 87565 area. In 87565, 8.61% of households rent, and 89.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87565 is $9,867 per month. Households that rent pay about 8.72% of their income on rent here. 87565’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern 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
- 87538, NM: higher priced homes
- 87560, NM: less expensive homes
- 87569, NM: equally priced homes
- 87562, NM: equally priced homes
- 87552, NM: equally priced homes
- 87535, NM: higher priced homes
- 87701, NM: less expensive homes
- 87540, NM: higher priced homes
- 87508, NM: higher priced homes
- 87010, NM: higher priced homes
Zip Codes with Similar Populations
- 95412, CA: higher priced homes
- 17014, PA: equally priced homes
- 17508, PA: higher priced homes
- 17957, PA: less expensive homes
- 17968, PA: less expensive homes
- 18451, PA: higher priced homes
- 18632, PA: less expensive homes
- 19554, PA: higher priced homes
- 21622, MD: higher priced homes
- 21840, MD: less expensive homes
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