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These days, finding an affordable place to live in the 87722 area can be challenging. Home prices in 87722 are now at a median cost of $115,846, lower than the New Mexico average of $199,923.
The average cost of rent is $567/mo in 87722, primarily driven by the current value of real estate in the 87722 area. While nearly 75.49% of residents own their homes outright in 87722, 2.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87722 is $3,820 per month. Households that rent pay about 14.84% of their income on rent here. 87722's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87713, NM: equally priced homes
- 87735, NM: equally priced homes
- 87734, NM: equally priced homes
- 87723, NM: equally priced homes
- 87579, NM: higher priced homes
- 87543, NM: higher priced homes
- 87553, NM: higher priced homes
- 87521, NM: higher priced homes
- 87578, NM: higher priced homes
- 87752, NM: less expensive homes
Zip Codes with Similar Populations
- 04611, ME: higher priced homes
- 99785, AK: less expensive homes
- 99679, AK: less expensive homes
- 95950, CA: higher priced homes
- 95675, CA: higher priced homes
- 95564, CA: higher priced homes
- 16659, PA: higher priced homes
- 15444, PA: equally priced homes
- 15413, PA: less expensive homes
- 13672, NY: less expensive homes
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