Affordable
Expensive
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These days, finding an affordable place to live in the 87832 area can be challenging. Home prices in 87832 are now at a median cost of $150,674, lower than the New Mexico average of $199,923.
The average cost of rent is $688/mo in 87832, primarily driven by the current value of real estate in the 87832 area. While nearly 85.82% of residents own their homes outright in 87832, 3.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in 87832 is $2,558 per month. Households that rent pay about 26.90% of their income on rent here. 87832's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87820, NM: less expensive homes
- 87830, NM: less expensive homes
- 87824, NM: less expensive homes
- 85920, AZ: higher priced homes
- 85932, AZ: higher priced homes
- 88116, NM: less expensive homes
- 85941, AZ: less expensive homes
- 85926, AZ: less expensive homes
- 88115, NM: less expensive homes
- 88126, NM: less expensive homes
Zip Codes with Similar Populations
- 95420, CA: higher priced homes
- 16882, PA: higher priced homes
- 17974, PA: equally priced homes
- 18220, PA: less expensive homes
- 18462, PA: higher priced homes
- 21077, MD: higher priced homes
- 24474, VA: less expensive homes
- 25103, WV: less expensive homes
- 25839, WV: less expensive homes
- 85352, AZ: less expensive homes
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