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These days, finding an affordable place to live in the 88124 area can be challenging. Home prices in 88124 are now at a median cost of $181,854, lower than the New Mexico average of $265,486.
The average cost of rent is $876/mo in 88124, primarily driven by the current value of real estate in the 88124 area. In 88124, 19.37% of households rent, and 71.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88124 is $4,809 per month. Households that rent pay about 18.21% of their income on rent here. 88124’s most expensive areas are in the northern regions, while the cheapest areas are in the southern 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
- 88103, NM: equally priced homes
- 88134, NM: higher priced homes
- 88101, NM: equally priced homes
- 88135, NM: equally priced homes
- 88119, NM: higher priced homes
- 79325, TX: higher priced homes
- 79009, TX: less expensive homes
- 79053, TX: higher priced homes
- 88136, NM: higher priced homes
- 79027, TX: less expensive homes
Zip Codes with Similar Populations
- 54836, WI: higher priced homes
- 73766, OK: less expensive homes
- 73738, OK: less expensive homes
- 71065, LA: less expensive homes
- 70715, LA: less expensive homes
- 59003, MT: less expensive homes
- 58261, ND: less expensive homes
- 57063, SD: equally priced homes
- 56285, MN: equally priced homes
- 56176, MN: less expensive homes
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