The Most Affordable Neighborhoods in 88264, NM by Home Value

 

88264, NM Map of Most Affordable Neighborhoods
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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 $133,200, lower than the New Mexico average of $199,923.

The average cost of rent is $870/mo in 88264, primarily driven by the current value of real estate in the 88264 area. While nearly 68.37% of residents own their homes outright in 88264, 8.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in 88264 is $8,596 per month. Households that rent pay about 10.12% of their income on rent here. 88264's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.


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