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These days, finding an affordable place to live in the 88051 area can be challenging. Home prices in 88051 are now at a median cost of $158,000, lower than the New Mexico average of $199,923.
The average cost of rent is $720/mo in 88051, primarily driven by the current value of real estate in the 88051 area. While nearly 84.96% of residents own their homes outright in 88051, 28.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88051 is $3,085 per month. Households that rent pay about 23.34% of their income on rent here. 88051's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 88025, NM: equally priced homes
- 85533, AZ: less expensive homes
- 88028, NM: equally priced homes
- 85540, AZ: less expensive homes
- 88038, NM: higher priced homes
- 85535, AZ: less expensive homes
- 85536, AZ: less expensive homes
- 85530, AZ: less expensive homes
- 87942, NM: less expensive homes
- 87931, NM: equally priced homes
Zip Codes with Similar Populations
- 62348, IL: less expensive homes
- 77481, TX: higher priced homes
- 76909, TX: equally priced homes
- 74946, OK: less expensive homes
- 74459, OK: less expensive homes
- 63826, MO: less expensive homes
- 63750, MO: less expensive homes
- 63746, MO: higher priced homes
- 62961, IL: less expensive homes
- 62541, IL: less expensive homes
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