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These days, finding an affordable place to live in the 88264 area can be challenging. Home prices in 88264 are now at a median cost of $204,300, lower than the New Mexico average of $265,486.
The average cost of rent is $951/mo in 88264, primarily driven by the current value of real estate in the 88264 area. In 88264, 9.86% of households rent, and 83.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88264 is $6,871 per month. Households that rent pay about 13.84% of their income on rent here. 88264’s most expensive areas are in the central 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
- 88260, NM: equally priced homes
- 88242, NM: higher priced homes
- 88240, NM: equally priced homes
- 88210, NM: higher priced homes
- 88253, NM: less expensive homes
- 79323, TX: higher priced homes
- 88250, NM: less expensive homes
- 79360, TX: higher priced homes
- 79359, TX: less expensive homes
- 79342, TX: equally priced homes
Zip Codes with Similar Populations
- 56720, MN: less expensive homes
- 50427, IA: less expensive homes
- 50552, IA: less expensive homes
- 50839, IA: less expensive homes
- 51341, IA: less expensive homes
- 52562, IA: equally priced homes
- 53031, WI: higher priced homes
- 53176, WI: less expensive homes
- 53295, WI: higher priced homes
- 53802, WI: less expensive homes
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