Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87742 area can be challenging. Home prices in 87742 are now at a median cost of $244,288, higher than the New Mexico average of $199,923.
The average cost of rent is $594/mo in 87742, primarily driven by the current value of real estate in the 87742 area. While nearly 71.75% of residents own their homes outright in 87742, 7.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87742 is $5,397 per month. Households that rent pay about 11.01% of their income on rent here. 87742's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87745, NM: less expensive homes
- 87732, NM: less expensive homes
- 87715, NM: less expensive homes
- 87712, NM: less expensive homes
- 87736, NM: less expensive homes
- 87573, NM: less expensive homes
- 87753, NM: less expensive homes
- 87750, NM: less expensive homes
- 87574, NM: higher priced homes
- 87506, NM: higher priced homes
Zip Codes with Similar Populations
- 13157, NY: less expensive homes
- 15624, PA: less expensive homes
- 15611, PA: less expensive homes
- 15483, PA: less expensive homes
- 84051, UT: less expensive homes
- 15739, PA: less expensive homes
- 15412, PA: less expensive homes
- 15088, PA: less expensive homes
- 15078, PA: less expensive homes
- 81244, CO: less expensive homes
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