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Affordable
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These days, finding an affordable place to live in the 88301 area can be challenging. Home prices in 88301 are now at a median cost of $128,167, lower than the New Mexico average of $265,486.
The average cost of rent is $520/mo in 88301, primarily driven by the current value of real estate in the 88301 area. In 88301, 16.54% of households rent, and 67.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88301 is $3,666 per month. Households that rent pay about 14.19% of their income on rent here. 88301’s most expensive areas are in the western regions, while the cheapest areas are in the southern 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
- 88341, NM: higher priced homes
- 88316, NM: higher priced homes
- 88125, NM: higher priced homes
- 88114, NM: equally priced homes
- 79314, TX: less expensive homes
- 87830, NM: less expensive homes
- 79346, TX: less expensive homes
- 79379, TX: less expensive homes
- 85922, AZ: higher priced homes
- 79336, TX: equally priced homes
Zip Codes with Similar Populations
- 04450, ME: higher priced homes
- 03287, NH: higher priced homes
- 05658, VT: higher priced homes
- 12463, NY: higher priced homes
- 12937, NY: less expensive homes
- 71261, LA: less expensive homes
- 54888, WI: higher priced homes
- 70552, LA: higher priced homes
- 70531, LA: higher priced homes
- 67022, KS: less expensive homes
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