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These days, finding an affordable place to live in the 88256 area can be challenging. Home prices in 88256 are now at a median cost of $207,516, lower than the New Mexico average of $265,486.
The average cost of rent is $1,357/mo in 88256, primarily driven by the current value of real estate in the 88256 area. In 88256, 22.54% of households rent, and 75.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88256 is $4,742 per month. Households that rent pay about 28.62% of their income on rent here. 88256’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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
- 88263, NM: higher priced homes
- 88268, NM: equally priced homes
- 88252, NM: less expensive homes
- 79714, TX: equally priced homes
- 88342, NM: less expensive homes
- 79783, TX: higher priced homes
- 79749, TX: higher priced homes
- 79782, TX: equally priced homes
- 88002, NM: equally priced homes
- 79748, TX: higher priced homes
Zip Codes with Similar Populations
- 55939, MN: equally priced homes
- 74061, OK: higher priced homes
- 63937, MO: equally priced homes
- 35089, AL: less expensive homes
- 35078, AL: equally priced homes
- 60938, IL: less expensive homes
- 28747, NC: higher priced homes
- 83113, WY: higher priced homes
- 27231, NC: higher priced homes
- 27007, NC: equally priced homes
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