Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 88120 area can be challenging. Home prices in 88120 are now at a median cost of $156,161, lower than the New Mexico average of $199,923.
The average cost of rent is $694/mo in 88120, primarily driven by the current value of real estate in the 88120 area. While nearly 54.98% of residents own their homes outright in 88120, 36.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88120 is $4,422 per month. Households that rent pay about 15.70% of their income on rent here. 88120's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 88112, NM: higher priced homes
- 88427, NM: less expensive homes
- 79085, TX: less expensive homes
- 79045, TX: less expensive homes
- 88417, NM: less expensive homes
- 79025, TX: less expensive homes
- 79091, TX: higher priced homes
- 88435, NM: less expensive homes
- 79015, TX: higher priced homes
- 79042, TX: higher priced homes
Zip Codes with Similar Populations
- 21650, MD: higher priced homes
- 26421, WV: less expensive homes
- 26271, WV: equally priced homes
- 26217, WV: less expensive homes
- 25932, WV: less expensive homes
- 25920, WV: less expensive homes
- 25862, WV: less expensive homes
- 25849, WV: less expensive homes
- 25051, WV: less expensive homes
- 25021, WV: less expensive homes
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