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These days, finding an affordable place to live in the 88044 area can be challenging. Home prices in 88044 are now at a median cost of $219,285, lower than the New Mexico average of $265,486.
The average cost of rent is $634/mo in 88044, primarily driven by the current value of real estate in the 88044 area. In 88044, 14.64% of households rent, and 54.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88044 is $5,817 per month. Households that rent pay about 10.89% of their income on rent here. 88044’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western 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
- 88048, NM: less expensive homes
- 88072, NM: less expensive homes
- 88027, NM: equally priced homes
- 88047, NM: equally priced homes
- 88024, NM: less expensive homes
- 88021, NM: less expensive homes
- 88003, NM: equally priced homes
- 88046, NM: higher priced homes
- 88081, NM: less expensive homes
- 88030, NM: less expensive homes
Zip Codes with Similar Populations
- 07946, NJ: higher priced homes
- 95684, CA: higher priced homes
- 15670, PA: equally priced homes
- 90067, CA: higher priced homes
- 88231, NM: less expensive homes
- 84761, UT: higher priced homes
- 18972, PA: higher priced homes
- 21034, MD: higher priced homes
- 40109, KY: equally priced homes
- 78010, TX: higher priced homes
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