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These days, finding an affordable place to live in the 88115 area can be challenging. Home prices in 88115 are now at a median cost of $113,900, lower than the New Mexico average of $199,923.
The average cost of rent is $622/mo in 88115, primarily driven by the current value of real estate in the 88115 area. While nearly 70.79% of residents own their homes outright in 88115, 34.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88115 is $4,727 per month. Households that rent pay about 13.16% of their income on rent here. 88115's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 88132, NM: equally priced homes
- 88126, NM: equally priced homes
- 88113, NM: equally priced homes
- 88116, NM: higher priced homes
- 79344, TX: higher priced homes
- 79324, TX: higher priced homes
- 79353, TX: less expensive homes
- 79371, TX: less expensive homes
- 79312, TX: less expensive homes
- 79339, TX: less expensive homes
Zip Codes with Similar Populations
- 59055, MT: higher priced homes
- 62464, IL: higher priced homes
- 60557, IL: higher priced homes
- 59545, MT: less expensive homes
- 59461, MT: less expensive homes
- 59354, MT: higher priced homes
- 59312, MT: higher priced homes
- 59081, MT: higher priced homes
- 59058, MT: higher priced homes
- 72338, AR: less expensive homes
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