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These days, finding an affordable place to live in the 88265 area can be challenging. Home prices in 88265 are now at a median cost of $155,000, lower than the New Mexico average of $199,923.
The average cost of rent is $1,297/mo in 88265, primarily driven by the current value of real estate in the 88265 area. While nearly 64.57% of residents own their homes outright in 88265, 17.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88265 is $4,091 per month. Households that rent pay about 31.71% of their income on rent here. 88265's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 88240, NM: equally priced homes
- 88242, NM: higher priced homes
- 79360, TX: higher priced homes
- 79331, TX: less expensive homes
- 79713, TX: equally priced homes
- 79738, TX: equally priced homes
- 88344, NM: higher priced homes
- 79527, TX: less expensive homes
- 88354, NM: less expensive homes
- 88347, NM: less expensive homes
Zip Codes with Similar Populations
- 25846, WV: less expensive homes
- 89017, NV: less expensive homes
- 88314, NM: less expensive homes
- 87820, NM: less expensive homes
- 87061, NM: equally priced homes
- 85927, AZ: higher priced homes
- 31083, GA: less expensive homes
- 29378, SC: less expensive homes
- 29375, SC: higher priced homes
- 27982, NC: higher priced homes
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