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These days, finding an affordable place to live in the 88114 area can be challenging. Home prices in 88114 are now at a median cost of $118,000, lower than the New Mexico average of $265,486.
The average cost of rent is $951/mo in 88114, primarily driven by the current value of real estate in the 88114 area. In 88114, 37.81% of households rent, and 83.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88114 is $4,518 per month. Households that rent pay about 21.05% of their income on rent here. 88114’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 88125, NM: higher priced homes
- 79314, TX: less expensive homes
- 88213, NM: equally priced homes
- 79379, TX: less expensive homes
- 79372, TX: equally priced homes
- 79336, TX: higher priced homes
- 79367, TX: less expensive homes
- 79358, TX: higher priced homes
- 79382, TX: higher priced homes
- 88201, NM: higher priced homes
Zip Codes with Similar Populations
- 59703, MT: higher priced homes
- 79231, TX: higher priced homes
- 79085, TX: equally priced homes
- 78951, TX: higher priced homes
- 78871, TX: higher priced homes
- 63744, MO: equally priced homes
- 61091, IL: higher priced homes
- 61027, IL: higher priced homes
- 59933, MT: higher priced homes
- 79247, TX: equally priced homes
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