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These days, finding an affordable place to live in the 88012 area can be challenging. Home prices in 88012 are now at a median cost of $150,733, lower than the New Mexico average of $199,923.
The average cost of rent is $1,072/mo in 88012, primarily driven by the current value of real estate in the 88012 area. While nearly 33.59% of residents own their homes outright in 88012, 20.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88012 is $4,867 per month. Households that rent pay about 22.02% of their income on rent here. 88012's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 88011, NM: higher priced homes
- 88001, NM: less expensive homes
- 88007, NM: higher priced homes
- 88005, NM: higher priced homes
- 88052, NM: less expensive homes
- 88003, NM: equally priced homes
- 88046, NM: higher priced homes
- 88047, NM: equally priced homes
- 88002, NM: equally priced homes
- 88342, NM: less expensive homes
Zip Codes with Similar Populations
- 25801, WV: less expensive homes
- 78229, TX: equally priced homes
- 01851, MA: higher priced homes
- 47274, IN: less expensive homes
- 48917, MI: higher priced homes
- 53151, WI: higher priced homes
- 60005, IL: higher priced homes
- 65401, MO: higher priced homes
- 66212, KS: higher priced homes
- 71112, LA: higher priced homes
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