Affordable
Expensive
Expensive
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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 $118,171, lower than the New Mexico average of $199,923.
The average cost of rent is $824/mo in 88253, primarily driven by the current value of real estate in the 88253 area. While nearly 66.18% of residents own their homes outright in 88253, 15.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88253 is $4,827 per month. Households that rent pay about 17.07% of their income on rent here. 88253's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the zip.
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: higher 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: equally priced homes
- 62460, IL: less expensive homes
- 59527, MT: less expensive homes
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