Affordable
Expensive
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These days, finding an affordable place to live in the 87745 area can be challenging. Home prices in 87745 are now at a median cost of $166,544, lower than the New Mexico average of $199,923.
The average cost of rent is $588/mo in 87745, primarily driven by the current value of real estate in the 87745 area. While nearly 77.19% of residents own their homes outright in 87745, 4.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87745 is $4,175 per month. Households that rent pay about 14.09% of their income on rent here. 87745's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 87742, NM: higher priced homes
- 87712, NM: less expensive homes
- 87732, NM: less expensive homes
- 87736, NM: less expensive homes
- 87715, NM: less expensive homes
- 87753, NM: less expensive homes
- 87750, NM: less expensive homes
- 87573, NM: less expensive homes
- 87574, NM: higher priced homes
- 87506, NM: higher priced homes
Zip Codes with Similar Populations
- 01242, MA: higher priced homes
- 04617, ME: higher priced homes
- 13141, NY: equally priced homes
- 05866, VT: less expensive homes
- 62682, IL: less expensive homes
- 62268, IL: equally priced homes
- 62990, IL: less expensive homes
- 62997, IL: less expensive homes
- 63787, MO: less expensive homes
- 64021, MO: less expensive homes
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