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These days, finding an affordable place to live in the 87714 area can be challenging. Home prices in 87714 are now at a median cost of $141,793, lower than the New Mexico average of $199,923.
The average cost of rent is $589/mo in 87714, primarily driven by the current value of real estate in the 87714 area. While nearly 63.47% of residents own their homes outright in 87714, 41.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87714 is $2,766 per month. Households that rent pay about 21.28% of their income on rent here. 87714's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 87749, NM: equally priced homes
- 87728, NM: equally priced homes
- 87718, NM: equally priced homes
- 87558, NM: higher priced homes
- 87525, NM: higher priced homes
- 87514, NM: higher priced homes
- 87580, NM: higher priced homes
- 87529, NM: higher priced homes
- 87564, NM: higher priced homes
- 87513, NM: higher priced homes
Zip Codes with Similar Populations
- 56039, MN: equally priced homes
- 78932, TX: higher priced homes
- 76455, TX: equally priced homes
- 61925, IL: less expensive homes
- 60604, IL: higher priced homes
- 59754, MT: higher priced homes
- 58576, ND: higher priced homes
- 57472, SD: less expensive homes
- 57332, SD: less expensive homes
- 01009, MA: higher priced homes
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