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These days, finding an affordable place to live in the 88121 area can be challenging. Home prices in 88121 are now at a median cost of $112,500, lower than the New Mexico average of $199,923.
The average cost of rent is $431/mo in 88121, primarily driven by the current value of real estate in the 88121 area. While nearly 79.22% of residents own their homes outright in 88121, 24.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88121 is $3,109 per month. Households that rent pay about 13.86% of their income on rent here. 88121's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
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Zip Codes with Similar Populations
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