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These days, finding an affordable place to live in the 87830 area can be challenging. Home prices in 87830 are now at a median cost of $114,908, lower than the New Mexico average of $265,486.
The average cost of rent is $718/mo in 87830, primarily driven by the current value of real estate in the 87830 area. In 87830, 3.04% of households rent, and 83.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87830 is $2,589 per month. Households that rent pay about 27.74% of their income on rent here. 87830’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern 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
- 87824, NM: equally priced homes
- 87820, NM: higher priced homes
- 85922, AZ: higher priced homes
- 85920, AZ: higher priced homes
- 85926, AZ: equally priced homes
- 85941, AZ: less expensive homes
- 87832, NM: higher priced homes
- 85545, AZ: higher priced homes
- 85553, AZ: higher priced homes
- 85264, AZ: higher priced homes
Zip Codes with Similar Populations
- 02543, MA: higher priced homes
- 84082, UT: higher priced homes
- 48735, MI: higher priced homes
- 23413, VA: higher priced homes
- 48636, MI: equally priced homes
- 47612, IN: higher priced homes
- 21723, MD: higher priced homes
- 43153, OH: higher priced homes
- 16692, PA: less expensive homes
- 15352, PA: higher priced homes
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