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These days, finding an affordable place to live in the 87729 area can be challenging. Home prices in 87729 are now at a median cost of $153,933, lower than the New Mexico average of $199,923.
The average cost of rent is $502/mo in 87729, primarily driven by the current value of real estate in the 87729 area. While nearly 59.62% of residents own their homes outright in 87729, 21.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87729 is $3,920 per month. Households that rent pay about 12.81% of their income on rent here. 87729's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87747, NM: less expensive homes
- 87710, NM: higher priced homes
- 87571, NM: higher priced homes
- 87557, NM: higher priced homes
- 87529, NM: higher priced homes
- 88422, NM: higher priced homes
- 87517, NM: higher priced homes
- 87531, NM: higher priced homes
- 87554, NM: less expensive homes
- 87539, NM: less expensive homes
Zip Codes with Similar Populations
- 82229, WY: higher priced homes
- 51459, IA: less expensive homes
- 51578, IA: less expensive homes
- 51651, IA: less expensive homes
- 52548, IA: equally priced homes
- 52631, IA: higher priced homes
- 52759, IA: higher priced homes
- 52767, IA: higher priced homes
- 80426, CO: higher priced homes
- 80430, CO: higher priced homes
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