Affordable
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These days, finding an affordable place to live in the 88262 area can be challenging. Home prices in 88262 are now at a median cost of $181,389, lower than the New Mexico average of $199,923.
The average cost of rent is $870/mo in 88262, primarily driven by the current value of real estate in the 88262 area. While nearly 74.20% of residents own their homes outright in 88262, 15.96% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88262 is $5,044 per month. Households that rent pay about 17.25% of their income on rent here. 88262's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
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- 79373, TX: less expensive homes
- 88343, NM: equally priced homes
- 79356, TX: less expensive homes
Zip Codes with Similar Populations
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- 76203, TX: higher priced homes
- 78074, TX: higher priced homes
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