Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 87827 area can be challenging. Home prices in 87827 are now at a median cost of $211,399, higher than the New Mexico average of $199,923.
The average cost of rent is $786/mo in 87827, primarily driven by the current value of real estate in the 87827 area. While nearly 95.31% of residents own their homes outright in 87827, 18.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87827 is $3,559 per month. Households that rent pay about 22.10% of their income on rent here. 87827's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 85936, AZ: less expensive homes
- 87028, NM: less expensive homes
- 87006, NM: less expensive homes
- 87062, NM: less expensive homes
- 87023, NM: less expensive homes
- 85924, AZ: less expensive homes
- 85912, AZ: equally priced homes
- 87036, NM: less expensive homes
- 85937, AZ: less expensive homes
- 85939, AZ: equally priced homes
Zip Codes with Similar Populations
- 25915, WV: less expensive homes
- 84764, UT: less expensive homes
- 84072, UT: less expensive homes
- 83218, ID: less expensive homes
- 81426, CO: higher priced homes
- 42083, KY: less expensive homes
- 40110, KY: equally priced homes
- 34140, FL: higher priced homes
- 26587, WV: less expensive homes
- 26563, WV: less expensive homes
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