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These days, finding an affordable place to live in the 88046 area can be challenging. Home prices in 88046 are now at a median cost of $248,760, higher than the New Mexico average of $199,923.
The average cost of rent is $735/mo in 88046, primarily driven by the current value of real estate in the 88046 area. While nearly 54.15% of residents own their homes outright in 88046, 47.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88046 is $3,956 per month. Households that rent pay about 18.59% of their income on rent here. 88046's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 88005, NM: less expensive homes
- 88003, NM: less expensive homes
- 88001, NM: less expensive homes
- 88047, NM: less expensive homes
- 88007, NM: equally priced homes
- 88011, NM: equally priced homes
- 88012, NM: less expensive homes
- 88044, NM: less expensive homes
- 88048, NM: less expensive homes
- 88072, NM: less expensive homes
Zip Codes with Similar Populations
- 04551, ME: higher priced homes
- 05405, VT: higher priced homes
- 05456, VT: higher priced homes
- 05732, VT: equally priced homes
- 08323, NJ: less expensive homes
- 13752, NY: less expensive homes
- 14480, NY: less expensive homes
- 15688, PA: less expensive homes
- 72044, AR: less expensive homes
- 76475, TX: less expensive homes
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