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These days, finding an affordable place to live in the 87712 area can be challenging. Home prices in 87712 are now at a median cost of $102,000, lower than the New Mexico average of $199,923.
The average cost of rent is $562/mo in 87712, primarily driven by the current value of real estate in the 87712 area. While nearly 83.83% of residents own their homes outright in 87712, 6.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87712 is $2,738 per month. Households that rent pay about 20.53% of their income on rent here. 87712's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87736, NM: equally priced homes
- 87732, NM: equally priced homes
- 87745, NM: higher priced homes
- 87715, NM: higher priced homes
- 87742, NM: higher priced homes
- 87735, NM: equally priced homes
- 87723, NM: higher priced homes
- 87753, NM: equally priced homes
- 87750, NM: equally priced homes
- 87752, NM: equally priced homes
Zip Codes with Similar Populations
- 26720, WV: equally priced homes
- 93287, CA: higher priced homes
- 93276, CA: higher priced homes
- 89823, NV: higher priced homes
- 89409, NV: less expensive homes
- 84529, UT: higher priced homes
- 41390, KY: less expensive homes
- 35766, AL: equally priced homes
- 31561, GA: higher priced homes
- 29840, SC: less expensive homes
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