
Expensive
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These days, finding an affordable place to live in the 88112 area can be challenging. Home prices in 88112 are now at a median cost of $292,495, higher than the New Mexico average of $199,923.
The average cost of rent is $992/mo in 88112, primarily driven by the current value of real estate in the 88112 area. While nearly 56.32% of residents own their homes outright in 88112, 24.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88112 is $4,092 per month. Households that rent pay about 24.24% of their income on rent here. 88112's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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