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These days, finding an affordable place to live in the 88024 area can be challenging. Home prices in 88024 are now at a median cost of $124,334, lower than the New Mexico average of $199,923.
The average cost of rent is $570/mo in 88024, primarily driven by the current value of real estate in the 88024 area. While nearly 74.20% of residents own their homes outright in 88024, 18.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88024 is $2,954 per month. Households that rent pay about 19.28% of their income on rent here. 88024's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 88027, NM: higher priced homes
- 88072, NM: less expensive homes
- 88021, NM: higher priced homes
- 88048, NM: less expensive homes
- 79821, TX: less expensive homes
- 88044, NM: higher priced homes
- 79835, TX: equally priced homes
- 88081, NM: less expensive homes
- 79934, TX: higher priced homes
- 79924, TX: less expensive homes
Zip Codes with Similar Populations
- 78545, TX: less expensive homes
- 43768, OH: higher priced homes
- 44640, OH: equally priced homes
- 44670, OH: equally priced homes
- 44850, OH: equally priced homes
- 45070, OH: higher priced homes
- 47324, IN: higher priced homes
- 47361, IN: higher priced homes
- 47367, IN: less expensive homes
- 47574, IN: higher priced homes
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