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These days, finding an affordable place to live in the 88232 area can be challenging. Home prices in 88232 are now at a median cost of $108,699, lower than the New Mexico average of $199,923.
The average cost of rent is $749/mo in 88232, primarily driven by the current value of real estate in the 88232 area. While nearly 75.64% of residents own their homes outright in 88232, 22.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88232 is $3,977 per month. Households that rent pay about 18.82% of their income on rent here. 88232's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 88230, NM: equally priced homes
- 88343, NM: higher priced homes
- 88262, NM: higher priced homes
- 88267, NM: less expensive homes
- 88340, NM: less expensive homes
- 88314, NM: higher priced homes
- 79355, TX: less expensive homes
- 88352, NM: higher priced homes
- 79376, TX: less expensive homes
- 79378, TX: equally priced homes
Zip Codes with Similar Populations
- 13691, NY: higher priced homes
- 38841, MS: less expensive homes
- 81125, CO: equally priced homes
- 06232, CT: higher priced homes
- 28729, NC: higher priced homes
- 25315, WV: less expensive homes
- 25248, WV: higher priced homes
- 24639, VA: equally priced homes
- 22841, VA: higher priced homes
- 19941, DE: higher priced homes
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