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These days, finding an affordable place to live in the 87734 area can be challenging. Home prices in 87734 are now at a median cost of $107,237, lower than the New Mexico average of $199,923.
The average cost of rent is $538/mo in 87734, primarily driven by the current value of real estate in the 87734 area. While nearly 77.92% of residents own their homes outright in 87734, 16.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87734 is $3,357 per month. Households that rent pay about 16.04% of their income on rent here. 87734's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87722, NM: equally priced homes
- 87735, NM: equally priced homes
- 87713, NM: equally priced homes
- 87723, NM: equally priced homes
- 87752, 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
Zip Codes with Similar Populations
- 79220, TX: less expensive homes
- 47958, IN: higher priced homes
- 47982, IN: higher priced homes
- 49627, MI: higher priced homes
- 49873, MI: higher priced homes
- 49918, MI: higher priced homes
- 49952, MI: less expensive homes
- 76373, TX: equally priced homes
- 76937, TX: higher priced homes
- 77555, TX: higher priced homes
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