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These days, finding an affordable place to live in the 87735 area can be challenging. Home prices in 87735 are now at a median cost of $105,579, lower than the New Mexico average of $199,923.
The average cost of rent is $528/mo in 87735, primarily driven by the current value of real estate in the 87735 area. While nearly 78.30% of residents own their homes outright in 87735, 17.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87735 is $3,307 per month. Households that rent pay about 15.96% of their income on rent here. 87735's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87736, NM: equally priced homes
- 87722, NM: higher priced homes
- 87734, NM: equally priced homes
- 87712, NM: equally priced homes
- 87732, NM: equally priced homes
- 87723, NM: higher priced homes
- 87715, NM: higher priced homes
- 87713, NM: higher priced homes
- 87752, NM: equally priced homes
- 87579, NM: higher priced homes
Zip Codes with Similar Populations
- 81081, CO: higher priced homes
- 58311, ND: equally priced homes
- 58313, ND: equally priced homes
- 58325, ND: equally priced homes
- 60969, IL: higher priced homes
- 61371, IL: higher priced homes
- 61424, IL: higher priced homes
- 61468, IL: higher priced homes
- 79353, TX: less expensive homes
- 79537, TX: less expensive homes
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