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These days, finding an affordable place to live in the 88008 area can be challenging. Home prices in 88008 are now at a median cost of $199,714, lower than the New Mexico average of $199,923.
The average cost of rent is $946/mo in 88008, primarily driven by the current value of real estate in the 88008 area. While nearly 16.23% of residents own their homes outright in 88008, 26.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88008 is $5,161 per month. Households that rent pay about 18.32% of their income on rent here. 88008's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
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- 88063, NM: less expensive homes
- 79911, TX: higher priced homes
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- 79912, TX: higher priced homes
- 79821, TX: less expensive homes
- 79902, TX: equally priced homes
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- 79930, TX: less expensive homes
Zip Codes with Similar Populations
- 39666, MS: less expensive homes
- 99324, WA: higher priced homes
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- 96097, CA: equally priced homes
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- 91207, CA: higher priced homes
- 84532, UT: higher priced homes
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