Affordable
Expensive
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These days, finding an affordable place to live in the 87828 area can be challenging. Home prices in 87828 are now at a median cost of $150,705, lower than the New Mexico average of $199,923.
The average cost of rent is $688/mo in 87828, primarily driven by the current value of real estate in the 87828 area. While nearly 85.54% of residents own their homes outright in 87828, 3.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87828 is $2,570 per month. Households that rent pay about 26.77% of their income on rent here. 87828's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 87831, NM: equally priced homes
- 87823, NM: equally priced homes
- 87028, NM: equally priced homes
- 87825, NM: less expensive homes
- 88318, NM: higher priced homes
- 87829, NM: higher priced homes
- 85938, AZ: higher priced homes
- 85925, AZ: higher priced homes
- 85940, AZ: higher priced homes
- 85935, AZ: higher priced homes
Zip Codes with Similar Populations
- 24377, VA: higher priced homes
- 87569, NM: less expensive homes
- 25148, WV: less expensive homes
- 25036, WV: less expensive homes
- 25028, WV: less expensive homes
- 24974, WV: less expensive homes
- 24866, WV: less expensive homes
- 24847, WV: less expensive homes
- 24846, WV: less expensive homes
- 24834, WV: less expensive homes
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