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These days, finding an affordable place to live in the 88220 area can be challenging. Home prices in 88220 are now at a median cost of $178,991, lower than the New Mexico average of $199,923.
The average cost of rent is $1,214/mo in 88220, primarily driven by the current value of real estate in the 88220 area. While nearly 54.02% of residents own their homes outright in 88220, 24.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88220 is $6,484 per month. Households that rent pay about 18.72% of their income on rent here. 88220's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 88231, NM: less expensive homes
- 79714, TX: less expensive homes
- 88342, NM: less expensive homes
- 79783, TX: equally priced homes
- 88002, NM: less expensive homes
- 88052, NM: less expensive homes
- 88011, NM: higher priced homes
- 88012, NM: less expensive homes
- 79713, TX: less expensive homes
- 88001, NM: less expensive homes
Zip Codes with Similar Populations
- 01801, MA: higher priced homes
- 62040, IL: less expensive homes
- 11106, NY: higher priced homes
- 22033, VA: higher priced homes
- 28226, NC: higher priced homes
- 60652, IL: equally priced homes
- 31061, GA: less expensive homes
- 49221, MI: less expensive homes
- 75051, TX: less expensive homes
- 98006, WA: higher priced homes
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