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These days, finding an affordable place to live in the 87574 area can be challenging. Home prices in 87574 are now at a median cost of $837,588, higher than the New Mexico average of $265,486.
The average cost of rent is $1,138/mo in 87574, primarily driven by the current value of real estate in the 87574 area. In 87574, 25.06% of households rent, and 48.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87574 is $7,679 per month. Households that rent pay about 14.82% of their income on rent here. 87574’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
- 87506, NM: less expensive homes
- 87567, NM: less expensive homes
- 87573, NM: less expensive homes
- 87532, NM: less expensive homes
- 87547, NM: less expensive homes
- 87544, NM: less expensive homes
- 87742, NM: less expensive homes
- 87715, NM: less expensive homes
- 87732, NM: less expensive homes
- 87745, NM: less expensive homes
Zip Codes with Similar Populations
- 74082, OK: less expensive homes
- 57236, SD: less expensive homes
- 57429, SD: less expensive homes
- 57449, SD: less expensive homes
- 57741, SD: less expensive homes
- 57792, SD: less expensive homes
- 58013, ND: less expensive homes
- 58216, ND: less expensive homes
- 58241, ND: less expensive homes
- 58345, ND: less expensive homes
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