Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 88007 area can be challenging. Home prices in 88007 are now at a median cost of $228,811, higher than the New Mexico average of $199,923.
The average cost of rent is $825/mo in 88007, primarily driven by the current value of real estate in the 88007 area. While nearly 47.07% of residents own their homes outright in 88007, 19.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88007 is $6,202 per month. Households that rent pay about 13.31% of their income on rent here. 88007's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 88005, NM: less expensive homes
- 88001, NM: less expensive homes
- 88046, NM: equally priced homes
- 88011, NM: higher priced homes
- 88012, NM: less expensive homes
- 88003, NM: less expensive homes
- 88047, NM: less expensive homes
- 88052, NM: less expensive homes
- 88002, NM: less expensive homes
- 88342, NM: less expensive homes
Zip Codes with Similar Populations
- 03053, NH: higher priced homes
- 30291, GA: less expensive homes
- 30241, GA: less expensive homes
- 30233, GA: less expensive homes
- 80303, CO: higher priced homes
- 28328, NC: less expensive homes
- 28037, NC: higher priced homes
- 08060, NJ: higher priced homes
- 07430, NJ: higher priced homes
- 07040, NJ: higher priced homes
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