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These days, finding an affordable place to live in the 88268 area can be challenging. Home prices in 88268 are now at a median cost of $205,800, lower than the New Mexico average of $265,486.
The average cost of rent is $1,736/mo in 88268, primarily driven by the current value of real estate in the 88268 area. In 88268, 12.71% of households rent, and 47.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88268 is $11,197 per month. Households that rent pay about 15.50% of their income on rent here. 88268’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
- 88256, NM: equally priced homes
- 88263, NM: higher priced homes
- 88252, NM: less expensive homes
- 88081, NM: less expensive homes
- 79758, TX: higher priced homes
- 79707, TX: higher priced homes
- 88021, NM: less expensive homes
- 88024, NM: less expensive homes
- 88072, NM: less expensive homes
- 88048, NM: less expensive homes
Zip Codes with Similar Populations
- 62962, IL: less expensive homes
- 56046, MN: higher priced homes
- 56210, MN: less expensive homes
- 56541, MN: less expensive homes
- 56658, MN: less expensive homes
- 57650, SD: less expensive homes
- 58065, ND: higher priced homes
- 58236, ND: less expensive homes
- 58505, ND: higher priced homes
- 59240, MT: less expensive homes
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