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Affordable
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These days, finding an affordable place to live in the 87743 area can be challenging. Home prices in 87743 are now at a median cost of $70,000, lower than the New Mexico average of $265,486.
The average cost of rent is $1,038/mo in 87743, primarily driven by the current value of real estate in the 87743 area. In 87743, 23.08% of households rent, and 91.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87743 is $4,046 per month. Households that rent pay about 25.65% of their income on rent here. 87743’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 87752, NM: higher priced homes
- 87750, NM: higher priced homes
- 87753, NM: higher priced homes
- 88410, NM: higher priced homes
- 87735, NM: higher priced homes
- 87736, NM: higher priced homes
- 87712, NM: higher priced homes
- 87745, NM: higher priced homes
- 87732, NM: higher priced homes
- 87715, NM: higher priced homes
Zip Codes with Similar Populations
- 21610, MD: higher priced homes
- 93628, CA: higher priced homes
- 93226, CA: higher priced homes
- 88434, NM: higher priced homes
- 23845, VA: higher priced homes
- 23828, VA: higher priced homes
- 23085, VA: higher priced homes
- 22976, VA: higher priced homes
- 21814, MD: higher priced homes
- 94575, CA: higher priced homes
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