Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87566 area can be challenging. Home prices in 87566 are now at a median cost of $806,022, higher than the New Mexico average of $199,923.
The average cost of rent is $606/mo in 87566, primarily driven by the current value of real estate in the 87566 area. While nearly 69.34% of residents own their homes outright in 87566, 18.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87566 is $4,273 per month. Households that rent pay about 14.19% of their income on rent here. 87566's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 87537, NM: less expensive homes
- 87511, NM: less expensive homes
- 87532, NM: less expensive homes
- 87567, NM: less expensive homes
- 87582, NM: less expensive homes
- 87522, NM: less expensive homes
- 87548, NM: less expensive homes
- 87523, NM: less expensive homes
- 87527, NM: less expensive homes
- 87578, NM: less expensive homes
Zip Codes with Similar Populations
- 49128, MI: less expensive homes
- 97042, OR: less expensive homes
- 95237, CA: less expensive homes
- 93602, CA: less expensive homes
- 80470, CO: less expensive homes
- 77968, TX: less expensive homes
- 77831, TX: less expensive homes
- 59935, MT: less expensive homes
- 50622, IA: less expensive homes
- 49878, MI: less expensive homes
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