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These days, finding an affordable place to live in the 87575 area can be challenging. Home prices in 87575 are now at a median cost of $167,252, lower than the New Mexico average of $199,923.
The average cost of rent is $840/mo in 87575, primarily driven by the current value of real estate in the 87575 area. While nearly 82.13% of residents own their homes outright in 87575, 22.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87575 is $5,116 per month. Households that rent pay about 16.42% of their income on rent here. 87575's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87551, NM: equally priced homes
- 87520, NM: equally priced homes
- 87564, NM: higher priced homes
- 87519, NM: higher priced homes
- 87556, NM: higher priced homes
- 87419, NM: less expensive homes
- 87558, NM: higher priced homes
- 87412, NM: less expensive homes
- 87413, NM: less expensive homes
- 87410, NM: equally priced homes
Zip Codes with Similar Populations
- 97820, OR: equally priced homes
- 97453, OR: higher priced homes
- 97413, OR: higher priced homes
- 13682, NY: equally priced homes
- 05654, VT: higher priced homes
- 12474, NY: less expensive homes
- 12409, NY: higher priced homes
- 08019, NJ: higher priced homes
- 08887, NJ: higher priced homes
- 63748, MO: less expensive homes
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