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These days, finding an affordable place to live in the 87577 area can be challenging. Home prices in 87577 are now at a median cost of $228,048, higher than the New Mexico average of $199,923.
The average cost of rent is $1,012/mo in 87577, primarily driven by the current value of real estate in the 87577 area. While nearly 75.03% of residents own their homes outright in 87577, 2.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87577 is $4,753 per month. Households that rent pay about 21.30% of their income on rent here. 87577's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 87554, NM: less expensive homes
- 87513, NM: higher priced homes
- 87564, NM: higher priced homes
- 87580, NM: equally priced homes
- 87529, NM: higher priced homes
- 87514, NM: higher priced homes
- 87581, NM: less expensive homes
- 87525, NM: higher priced homes
- 87558, NM: higher priced homes
- 87718, NM: less expensive homes
Zip Codes with Similar Populations
- 92305, CA: higher priced homes
- 16839, PA: less expensive homes
- 17213, PA: less expensive homes
- 35149, AL: less expensive homes
- 36314, AL: less expensive homes
- 47335, IN: less expensive homes
- 72851, AR: less expensive homes
- 83650, ID: equally priced homes
- 87005, NM: less expensive homes
- 87014, NM: less expensive homes
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