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These days, finding an affordable place to live in the 88201 area can be challenging. Home prices in 88201 are now at a median cost of $165,768, lower than the New Mexico average of $199,923.
The average cost of rent is $1,043/mo in 88201, primarily driven by the current value of real estate in the 88201 area. While nearly 52.06% of residents own their homes outright in 88201, 28.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88201 is $5,489 per month. Households that rent pay about 19.01% of their income on rent here. 88201's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 88203, NM: less expensive homes
- 88351, NM: higher priced homes
- 88336, NM: equally priced homes
- 88213, NM: less expensive homes
- 88348, NM: equally priced homes
- 88338, NM: higher priced homes
- 88324, NM: equally priced homes
- 88316, NM: higher priced homes
- 88346, NM: equally priced homes
- 88312, NM: higher priced homes
Zip Codes with Similar Populations
- 90240, CA: higher priced homes
- 44106, OH: equally priced homes
- 44135, OH: less expensive homes
- 45429, OH: higher priced homes
- 46750, IN: less expensive homes
- 77043, TX: higher priced homes
- 78238, TX: equally priced homes
- 80921, CO: higher priced homes
- 88005, NM: higher priced homes
- 04901, ME: less expensive homes
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