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These days, finding an affordable place to live in the 88314 area can be challenging. Home prices in 88314 are now at a median cost of $131,293, lower than the New Mexico average of $265,486.
The average cost of rent is $972/mo in 88314, primarily driven by the current value of real estate in the 88314 area. In 88314, 4.41% of households rent, and 66.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88314 is $2,359 per month. Households that rent pay about 41.20% of their income on rent here. 88314’s most expensive areas are in the northeastern 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
- 88340, NM: less expensive homes
- 88352, NM: higher priced homes
- 88343, NM: higher priced homes
- 87935, NM: higher priced homes
- 87901, NM: equally priced homes
- 88230, NM: less expensive homes
- 88232, NM: equally priced homes
- 87942, NM: equally priced homes
- 88262, NM: higher priced homes
- 88267, NM: less expensive homes
Zip Codes with Similar Populations
- 25126, WV: less expensive homes
- 43070, OH: higher priced homes
- 40161, KY: higher priced homes
- 32683, FL: higher priced homes
- 28666, NC: equally priced homes
- 28375, NC: less expensive homes
- 26560, WV: less expensive homes
- 26438, WV: equally priced homes
- 25857, WV: less expensive homes
- 25811, WV: less expensive homes
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