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These days, finding an affordable place to live in the 88250 area can be challenging. Home prices in 88250 are now at a median cost of $176,698, lower than the New Mexico average of $199,923.
The average cost of rent is $965/mo in 88250, primarily driven by the current value of real estate in the 88250 area. While nearly 57.27% of residents own their homes outright in 88250, 16.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88250 is $6,111 per month. Households that rent pay about 15.79% of their income on rent here. 88250's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 88210, NM: equally priced homes
- 88253, NM: less expensive homes
- 88354, NM: less expensive homes
- 88339, NM: equally priced homes
- 88347, NM: less expensive homes
- 88317, NM: equally priced homes
- 88264, NM: less expensive homes
- 88349, NM: less expensive homes
- 88325, NM: equally priced homes
- 88337, NM: less expensive homes
Zip Codes with Similar Populations
- 21052, MD: higher priced homes
- 24898, WV: less expensive homes
- 23899, VA: equally priced homes
- 23119, VA: higher priced homes
- 22964, VA: higher priced homes
- 22529, VA: equally priced homes
- 22433, VA: higher priced homes
- 21762, MD: higher priced homes
- 21665, MD: higher priced homes
- 97125, OR: higher priced homes
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