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These days, finding an affordable place to live in the 88034 area can be challenging. Home prices in 88034 are now at a median cost of $163,549, lower than the New Mexico average of $265,486.
The average cost of rent is $703/mo in 88034, primarily driven by the current value of real estate in the 88034 area. In 88034, 8.29% of households rent, and 64.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88034 is $2,971 per month. Households that rent pay about 23.67% of their income on rent here. 88034’s most expensive areas are in the southern 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
- 88043, NM: less expensive homes
- 88023, NM: equally priced homes
- 88026, NM: less expensive homes
- 88022, NM: higher priced homes
- 88065, NM: equally priced homes
- 88061, NM: higher priced homes
- 87933, NM: equally priced homes
- 87936, NM: less expensive homes
- 87941, NM: less expensive homes
- 87937, NM: less expensive homes
Zip Codes with Similar Populations
- 76955, TX: higher priced homes
- 49961, MI: less expensive homes
- 50078, IA: higher priced homes
- 50104, IA: less expensive homes
- 50269, IA: less expensive homes
- 50467, IA: higher priced homes
- 50521, IA: higher priced homes
- 50551, IA: higher priced homes
- 50657, IA: equally priced homes
- 54980, WI: higher priced homes
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