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These days, finding an affordable place to live in the 88027 area can be challenging. Home prices in 88027 are now at a median cost of $222,100, lower than the New Mexico average of $265,486.
The average cost of rent is $919/mo in 88027, primarily driven by the current value of real estate in the 88027 area. In 88027, 19.24% of households rent, and 66.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88027 is $6,632 per month. Households that rent pay about 13.86% of their income on rent here. 88027’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 88024, NM: less expensive homes
- 88021, NM: less expensive homes
- 88072, NM: less expensive homes
- 79821, TX: less expensive homes
- 88044, NM: equally priced homes
- 88048, NM: less expensive homes
- 79835, TX: less expensive homes
- 79934, TX: equally priced homes
- 88081, NM: less expensive homes
- 79924, TX: less expensive homes
Zip Codes with Similar Populations
- 68736, NE: equally priced homes
- 62253, IL: less expensive homes
- 62480, IL: less expensive homes
- 62633, IL: less expensive homes
- 62883, IL: less expensive homes
- 64848, MO: less expensive homes
- 65285, MO: less expensive homes
- 65347, MO: less expensive homes
- 68652, NE: less expensive homes
- 68658, NE: equally priced homes
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