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These days, finding an affordable place to live in the 87736 area can be challenging. Home prices in 87736 are now at a median cost of $120,570, lower than the New Mexico average of $265,486.
The average cost of rent is $777/mo in 87736, primarily driven by the current value of real estate in the 87736 area. In 87736, 0.72% of households rent, and 93.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87736 is $1,724 per month. Households that rent pay about 45.06% of their income on rent here. 87736’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 87712, NM: equally priced homes
- 87735, NM: higher priced homes
- 87732, NM: higher priced homes
- 87715, NM: higher priced homes
- 87723, NM: higher priced homes
- 87745, NM: higher priced homes
- 87742, NM: higher priced homes
- 87753, NM: higher priced homes
- 87750, NM: higher priced homes
- 87752, NM: higher priced homes
Zip Codes with Similar Populations
- 25109, WV: higher priced homes
- 87315, NM: higher priced homes
- 85371, AZ: less expensive homes
- 84773, UT: higher priced homes
- 84644, UT: higher priced homes
- 27556, NC: higher priced homes
- 25989, WV: higher priced homes
- 25904, WV: less expensive homes
- 25505, WV: higher priced homes
- 25160, WV: less expensive homes
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