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These days, finding an affordable place to live in the 88081 area can be challenging. Home prices in 88081 are now at a median cost of $113,823, lower than the New Mexico average of $265,486.
The average cost of rent is $803/mo in 88081, primarily driven by the current value of real estate in the 88081 area. In 88081, 30.52% of households rent, and 59.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88081 is $3,706 per month. Households that rent pay about 21.67% of their income on rent here. 88081’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 79934, TX: higher priced homes
- 79924, TX: higher priced homes
- 79821, TX: higher priced homes
- 88021, NM: higher priced homes
- 79835, TX: higher priced homes
- 88024, NM: higher priced homes
- 88072, NM: higher priced homes
- 88027, NM: higher priced homes
- 88048, NM: higher priced homes
- 88044, NM: higher priced homes
Zip Codes with Similar Populations
- 02035, MA: higher priced homes
- 02865, RI: higher priced homes
- 29204, SC: higher priced homes
- 33774, FL: higher priced homes
- 48323, MI: higher priced homes
- 47501, IN: higher priced homes
- 42501, KY: higher priced homes
- 40228, KY: higher priced homes
- 38901, MS: higher priced homes
- 38372, TN: higher priced homes
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