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These days, finding an affordable place to live in the 87582 area can be challenging. Home prices in 87582 are now at a median cost of $160,131, lower than the New Mexico average of $199,923.
The average cost of rent is $1,037/mo in 87582, primarily driven by the current value of real estate in the 87582 area. While nearly 67.28% of residents own their homes outright in 87582, 6.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87582 is $5,118 per month. Households that rent pay about 20.25% of their income on rent here. 87582's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 87511, NM: equally priced homes
- 87549, NM: equally priced homes
- 87527, NM: higher priced homes
- 87531, NM: higher priced homes
- 87566, NM: higher priced homes
- 87537, NM: equally priced homes
- 87522, NM: higher priced homes
- 87548, NM: equally priced homes
- 87523, NM: equally priced homes
- 87578, NM: equally priced homes
Zip Codes with Similar Populations
- 79370, TX: less expensive homes
- 24375, VA: less expensive homes
- 24938, WV: higher priced homes
- 29015, SC: less expensive homes
- 32212, FL: higher priced homes
- 47166, IN: equally priced homes
- 50424, IA: less expensive homes
- 70750, LA: less expensive homes
- 71070, LA: less expensive homes
- 73029, OK: less expensive homes
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