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These days, finding an affordable place to live in the 88029 area can be challenging. Home prices in 88029 are now at a median cost of $85,009, lower than the New Mexico average of $199,923.
The average cost of rent is $362/mo in 88029, primarily driven by the current value of real estate in the 88029 area. While nearly 55.38% of residents own their homes outright in 88029, 26.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88029 is $2,713 per month. Households that rent pay about 13.35% of their income on rent here. 88029's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 88040, NM: higher priced homes
- 88009, NM: higher priced homes
- 88008, NM: higher priced homes
- 79932, TX: higher priced homes
- 88063, NM: higher priced homes
- 79835, TX: higher priced homes
- 79821, TX: higher priced homes
- 79922, TX: higher priced homes
- 79911, TX: higher priced homes
- 79912, TX: higher priced homes
Zip Codes with Similar Populations
- 04354, ME: higher priced homes
- 80737, CO: higher priced homes
- 81151, CO: higher priced homes
- 88119, NM: higher priced homes
- 25202, WV: higher priced homes
- 24918, WV: higher priced homes
- 24529, VA: higher priced homes
- 14024, NY: higher priced homes
- 13808, NY: higher priced homes
- 12723, NY: higher priced homes
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