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These days, finding an affordable place to live in the 87750 area can be challenging. Home prices in 87750 are now at a median cost of $176,300, lower than the New Mexico average of $265,486.
The average cost of rent is $771/mo in 87750, primarily driven by the current value of real estate in the 87750 area. In 87750, 27.30% of households rent, and 80.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87750 is $3,700 per month. Households that rent pay about 20.84% of their income on rent here. 87750’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern 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
- 87753, NM: equally priced homes
- 87712, NM: less expensive homes
- 87736, NM: less expensive homes
- 87745, NM: higher priced homes
- 87732, NM: less expensive homes
- 87742, NM: higher priced homes
- 87715, NM: less expensive homes
- 87573, NM: equally priced homes
- 87746, NM: equally priced homes
- 87743, NM: less expensive homes
Zip Codes with Similar Populations
- 87730, NM: less expensive homes
- 62532, IL: less expensive homes
- 66118, KS: equally priced homes
- 63742, MO: less expensive homes
- 63666, MO: less expensive homes
- 63442, MO: less expensive homes
- 63079, MO: equally priced homes
- 63053, MO: higher priced homes
- 62973, IL: less expensive homes
- 62829, IL: higher priced homes
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