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These days, finding an affordable place to live in the 88253 area can be challenging. Home prices in 88253 are now at a median cost of $161,760, lower than the New Mexico average of $265,486.
The average cost of rent is $864/mo in 88253, primarily driven by the current value of real estate in the 88253 area. In 88253, 18.80% of households rent, and 70.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88253 is $5,998 per month. Households that rent pay about 14.40% of their income on rent here. 88253’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 88210, NM: higher priced homes
- 88250, NM: higher priced homes
- 88264, NM: higher priced homes
- 88260, NM: higher priced homes
- 88339, NM: higher priced homes
- 88317, NM: higher priced homes
- 88325, NM: higher priced homes
- 88337, NM: equally priced homes
- 88310, NM: higher priced homes
- 79323, TX: higher priced homes
Zip Codes with Similar Populations
- 17758, PA: higher priced homes
- 65058, MO: higher priced homes
- 60072, IL: higher priced homes
- 60959, IL: less expensive homes
- 61420, IL: less expensive homes
- 61844, IL: less expensive homes
- 62090, IL: less expensive homes
- 62426, IL: less expensive homes
- 62460, IL: less expensive homes
- 59527, MT: less expensive homes
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