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Expensive
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These days, finding an affordable place to live in the 87583 area can be challenging. Home prices in 87583 are now at a median cost of $125,300, lower than the New Mexico average of $199,923.
The average cost of rent is $617/mo in 87583, primarily driven by the current value of real estate in the 87583 area. While nearly 77.49% of residents own their homes outright in 87583, 14.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87583 is $2,188 per month. Households that rent pay about 28.21% of their income on rent here. 87583's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 87560, NM: less expensive homes
- 87569, NM: equally priced homes
- 87711, NM: less expensive homes
- 87724, NM: less expensive homes
- 87056, NM: higher priced homes
- 88421, NM: equally priced homes
- 87047, NM: higher priced homes
- 87008, NM: higher priced homes
- 88431, NM: less expensive homes
- 87043, NM: higher priced homes
Zip Codes with Similar Populations
- 28616, NC: higher priced homes
- 88416, NM: equally priced homes
- 88132, NM: less expensive homes
- 88118, NM: equally priced homes
- 87943, NM: higher priced homes
- 87831, NM: higher priced homes
- 87713, NM: equally priced homes
- 87512, NM: higher priced homes
- 84621, UT: equally priced homes
- 81220, CO: higher priced homes
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