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These days, finding an affordable place to live in the 87571 area can be challenging. Home prices in 87571 are now at a median cost of $407,806, higher than the New Mexico average of $265,486.
The average cost of rent is $1,202/mo in 87571, primarily driven by the current value of real estate in the 87571 area. In 87571, 30.31% of households rent, and 58.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87571 is $5,286 per month. Households that rent pay about 22.75% of their income on rent here. 87571’s most expensive areas are in the northwestern 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
- 87557, NM: equally priced homes
- 87529, NM: higher priced homes
- 87517, NM: less expensive homes
- 87710, NM: higher priced homes
- 87531, NM: less expensive homes
- 87554, NM: less expensive homes
- 87539, NM: less expensive homes
- 87549, NM: less expensive homes
- 87581, NM: less expensive homes
- 87530, NM: less expensive homes
Zip Codes with Similar Populations
- 76426, TX: less expensive homes
- 32754, FL: less expensive homes
- 33592, FL: less expensive homes
- 34461, FL: less expensive homes
- 35223, AL: higher priced homes
- 36877, AL: less expensive homes
- 39059, MS: less expensive homes
- 44056, OH: less expensive homes
- 45068, OH: less expensive homes
- 73503, OK: less expensive homes
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