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Affordable
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These days, finding an affordable place to live in the 87728 area can be challenging. Home prices in 87728 are now at a median cost of $265,400, lower than the New Mexico average of $265,486.
The average cost of rent is $634/mo in 87728, primarily driven by the current value of real estate in the 87728 area. In 87728, 27.06% of households rent, and 66.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87728 is $4,552 per month. Households that rent pay about 13.93% of their income on rent here. 87728’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 87714, NM: less expensive homes
- 87749, NM: higher priced homes
- 87718, NM: higher priced homes
- 87558, NM: higher priced homes
- 87525, NM: higher priced homes
- 88424, NM: less expensive homes
- 87514, NM: higher priced homes
- 87580, NM: higher priced homes
- 87529, NM: higher priced homes
- 87564, NM: higher priced homes
Zip Codes with Similar Populations
- 96718, HI: higher priced homes
- 16677, PA: less expensive homes
- 16680, PA: less expensive homes
- 16852, PA: less expensive homes
- 17923, PA: less expensive homes
- 22432, VA: equally priced homes
- 22749, VA: higher priced homes
- 22931, VA: higher priced homes
- 22972, VA: higher priced homes
- 23108, VA: less expensive homes
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