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Expensive
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These days, finding an affordable place to live in the 88231 area can be challenging. Home prices in 88231 are now at a median cost of $112,456, lower than the New Mexico average of $199,923.
The average cost of rent is $1,120/mo in 88231, primarily driven by the current value of real estate in the 88231 area. While nearly 69.94% of residents own their homes outright in 88231, 20.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88231 is $5,703 per month. Households that rent pay about 19.64% of their income on rent here. 88231's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 79714, TX: higher priced homes
- 88220, NM: higher priced homes
- 79783, TX: higher priced homes
- 79713, TX: higher priced homes
- 79748, TX: equally priced homes
- 79511, TX: equally priced homes
- 79527, TX: less expensive homes
- 79565, TX: less expensive homes
- 79512, TX: less expensive homes
- 79532, TX: less expensive homes
Zip Codes with Similar Populations
- 07931, NJ: higher priced homes
- 95982, CA: higher priced homes
- 28088, NC: higher priced homes
- 49635, MI: higher priced homes
- 38610, MS: higher priced homes
- 49040, MI: higher priced homes
- 44264, OH: higher priced homes
- 54871, WI: higher priced homes
- 53191, WI: higher priced homes
- 57028, SD: higher priced homes
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