Affordable
Expensive
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These days, finding an affordable place to live in the 87580 area can be challenging. Home prices in 87580 are now at a median cost of $227,678, higher than the New Mexico average of $199,923.
The average cost of rent is $927/mo in 87580, primarily driven by the current value of real estate in the 87580 area. While nearly 82.40% of residents own their homes outright in 87580, 9.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87580 is $3,267 per month. Households that rent pay about 28.38% of their income on rent here. 87580's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87514, NM: higher priced homes
- 87513, NM: higher priced homes
- 87564, NM: higher priced homes
- 87529, NM: higher priced homes
- 87525, NM: higher priced homes
- 87558, NM: higher priced homes
- 87577, NM: equally priced homes
- 87718, NM: less expensive homes
- 87554, NM: less expensive homes
- 87749, NM: less expensive homes
Zip Codes with Similar Populations
- 05154, VT: less expensive homes
- 05359, VT: higher priced homes
- 06024, CT: equally priced homes
- 06262, CT: less expensive homes
- 08353, NJ: less expensive homes
- 12108, NY: less expensive homes
- 12952, NY: less expensive homes
- 14808, NY: less expensive homes
- 28619, NC: less expensive homes
- 65768, MO: equally priced homes
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