The Most Affordable Neighborhoods in 88125, NM by Home Value

 

88125, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 88125 area can be challenging. Home prices in 88125 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 88125, primarily driven by the current value of real estate in the 88125 area. While nearly 70.79% of residents own their homes outright in 88125, 34.20% rent.

Housing affordability isn’t just about home prices, though. The average household income in 88125 is $4,727 per month. Households that rent pay about 13.16% of their income on rent here. 88125's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.


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