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These days, finding an affordable place to live in the 87573 area can be challenging. Home prices in 87573 are now at a median cost of $179,893, lower than the New Mexico average of $265,486.
The average cost of rent is $839/mo in 87573, primarily driven by the current value of real estate in the 87573 area. In 87573, 10.92% of households rent, and 77.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87573 is $5,030 per month. Households that rent pay about 16.69% of their income on rent here. 87573’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 87574, NM: higher priced homes
- 87742, NM: higher priced homes
- 87501, NM: higher priced homes
- 87731, NM: higher priced homes
- 87505, NM: higher priced homes
- 87506, NM: higher priced homes
- 87745, NM: higher priced homes
- 87507, NM: higher priced homes
- 87547, NM: higher priced homes
- 87544, NM: higher priced homes
Zip Codes with Similar Populations
- 76885, TX: higher priced homes
- 51647, IA: less expensive homes
- 52307, IA: higher priced homes
- 52573, IA: equally priced homes
- 53928, WI: higher priced homes
- 54985, WI: higher priced homes
- 55111, MN: higher priced homes
- 55784, MN: higher priced homes
- 56328, MN: higher priced homes
- 57233, SD: equally priced homes
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