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These days, finding an affordable place to live in the 87801 area can be challenging. Home prices in 87801 are now at a median cost of $134,177, lower than the New Mexico average of $199,923.
The average cost of rent is $786/mo in 87801, primarily driven by the current value of real estate in the 87801 area. While nearly 64.09% of residents own their homes outright in 87801, 29.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87801 is $4,224 per month. Households that rent pay about 18.62% of their income on rent here. 87801's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 87823, NM: higher priced homes
- 87011, NM: higher priced homes
- 87821, NM: higher priced homes
- 85932, AZ: higher priced homes
- 85938, AZ: higher priced homes
- 85925, AZ: higher priced homes
- 85927, AZ: higher priced homes
- 85930, AZ: higher priced homes
- 85935, AZ: higher priced homes
- 85929, AZ: higher priced homes
Zip Codes with Similar Populations
- 76273, TX: higher priced homes
- 29654, SC: less expensive homes
- 29702, SC: less expensive homes
- 30313, GA: higher priced homes
- 31027, GA: less expensive homes
- 32038, FL: equally priced homes
- 32920, FL: higher priced homes
- 33955, FL: higher priced homes
- 34448, FL: higher priced homes
- 37074, TN: higher priced homes
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