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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 $214,862, lower than the New Mexico average of $265,486.
The average cost of rent is $1,110/mo in 88201, primarily driven by the current value of real estate in the 88201 area. In 88201, 24.67% of households rent, and 51.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88201 is $5,665 per month. Households that rent pay about 19.60% of their income on rent here. 88201’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern 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
- 88203, NM: less expensive homes
- 88351, NM: higher priced homes
- 88336, NM: higher priced homes
- 88213, NM: less expensive homes
- 88348, NM: higher priced homes
- 88338, NM: higher priced homes
- 88324, NM: higher priced homes
- 88316, NM: equally priced homes
- 88346, NM: equally priced homes
- 88312, NM: higher priced homes
Zip Codes with Similar Populations
- 90240, CA: higher priced homes
- 44106, OH: higher 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: equally priced homes
- 04901, ME: less expensive homes
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