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These days, finding an affordable place to live in the 87821 area can be challenging. Home prices in 87821 are now at a median cost of $264,453, lower than the New Mexico average of $265,486.
The average cost of rent is $736/mo in 87821, primarily driven by the current value of real estate in the 87821 area. In 87821, 5.34% of households rent, and 63.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87821 is $6,778 per month. Households that rent pay about 10.86% of their income on rent here. 87821’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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
- 87823, NM: less expensive homes
- 85932, AZ: higher priced homes
- 87801, NM: less expensive homes
- 85938, AZ: equally priced homes
- 85925, AZ: equally priced homes
- 85927, AZ: higher priced homes
- 85930, AZ: less expensive homes
- 85935, AZ: higher priced homes
- 85929, AZ: higher priced homes
- 87011, NM: less expensive homes
Zip Codes with Similar Populations
- 15364, PA: equally priced homes
- 15031, PA: higher priced homes
- 14069, NY: higher priced homes
- 13473, NY: less expensive homes
- 13337, NY: higher priced homes
- 93673, CA: less expensive homes
- 13072, NY: less expensive homes
- 12406, NY: equally priced homes
- 10535, NY: higher priced homes
- 08350, NJ: equally priced homes
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