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Affordable
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These days, finding an affordable place to live in the 87935 area can be challenging. Home prices in 87935 are now at a median cost of $185,359, lower than the New Mexico average of $265,486.
The average cost of rent is $1,286/mo in 87935, primarily driven by the current value of real estate in the 87935 area. In 87935, 21.24% of households rent, and 75.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 87935 is $4,157 per month. Households that rent pay about 30.95% of their income on rent here. 87935’s most expensive areas are in the central 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
- 87901, NM: less expensive homes
- 87942, NM: less expensive homes
- 88352, NM: less expensive homes
- 88314, NM: less expensive homes
- 88025, NM: higher priced homes
- 88340, NM: less expensive homes
- 88051, NM: higher priced homes
- 85533, AZ: less expensive homes
- 85540, AZ: less expensive homes
- 88343, NM: higher priced homes
Zip Codes with Similar Populations
- 54623, WI: higher priced homes
- 68791, NE: less expensive homes
- 68527, NE: higher priced homes
- 67361, KS: less expensive homes
- 64863, MO: less expensive homes
- 62360, IL: less expensive homes
- 58059, ND: higher priced homes
- 56330, MN: higher priced homes
- 56315, MN: higher priced homes
- 55735, MN: higher priced homes
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