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These days, finding an affordable place to live in the 88203 area can be challenging. Home prices in 88203 are now at a median cost of $105,304, lower than the New Mexico average of $199,923.
The average cost of rent is $804/mo in 88203, primarily driven by the current value of real estate in the 88203 area. While nearly 53.17% of residents own their homes outright in 88203, 35.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88203 is $3,965 per month. Households that rent pay about 20.27% of their income on rent here. 88203's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 88201, NM: higher priced homes
- 88230, NM: equally priced homes
- 88343, NM: higher priced homes
- 88351, NM: higher priced homes
- 88336, NM: higher priced homes
- 88348, NM: higher priced homes
- 88213, NM: equally priced homes
- 88338, NM: higher priced homes
- 88324, NM: higher priced homes
- 88346, NM: higher priced homes
Zip Codes with Similar Populations
- 02720, MA: higher priced homes
- 06854, CT: higher priced homes
- 13090, NY: higher priced homes
- 70607, LA: higher priced homes
- 99801, AK: higher priced homes
- 71603, AR: equally priced homes
- 75604, TX: higher priced homes
- 77385, TX: higher priced homes
- 77590, TX: higher priced homes
- 79605, TX: higher priced homes
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