Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87578 area can be challenging. Home prices in 87578 are now at a median cost of $170,985, lower than the New Mexico average of $199,923.
The average cost of rent is $741/mo in 87578, primarily driven by the current value of real estate in the 87578 area. While nearly 79.57% of residents own their homes outright in 87578, 15.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87578 is $3,592 per month. Households that rent pay about 20.62% of their income on rent here. 87578's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 87523, NM: less expensive homes
- 87521, NM: less expensive homes
- 87522, NM: higher priced homes
- 87543, NM: less expensive homes
- 87527, NM: equally priced homes
- 87553, NM: equally priced homes
- 87579, NM: less expensive homes
- 87582, NM: equally priced homes
- 87567, NM: equally priced homes
- 87511, NM: equally priced homes
Zip Codes with Similar Populations
- 12860, NY: higher priced homes
- 97364, OR: higher priced homes
- 98533, WA: higher priced homes
- 16921, PA: equally priced homes
- 15960, PA: less expensive homes
- 15641, PA: less expensive homes
- 15482, PA: equally priced homes
- 14777, NY: less expensive homes
- 13863, NY: less expensive homes
- 97039, OR: less expensive homes
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