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These days, finding an affordable place to live in the 88317 area can be challenging. Home prices in 88317 are now at a median cost of $239,173, lower than the New Mexico average of $265,486.
The average cost of rent is $769/mo in 88317, primarily driven by the current value of real estate in the 88317 area. In 88317, 7.31% of households rent, and 69.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88317 is $9,357 per month. Households that rent pay about 8.22% of their income on rent here. 88317’s most expensive areas are in the southeastern 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
- 88325, NM: equally priced homes
- 88339, NM: higher priced homes
- 88337, NM: less expensive homes
- 88310, NM: less expensive homes
- 88352, NM: less expensive homes
- 88330, NM: less expensive homes
- 88250, NM: less expensive homes
- 88253, NM: less expensive homes
- 88210, NM: equally priced homes
- 87930, NM: less expensive homes
Zip Codes with Similar Populations
- 71833, AR: less expensive homes
- 52565, IA: less expensive homes
- 53006, WI: higher priced homes
- 53078, WI: higher priced homes
- 03864, NH: higher priced homes
- 55932, MN: higher priced homes
- 56026, MN: less expensive homes
- 57638, SD: less expensive homes
- 57642, SD: less expensive homes
- 58251, ND: equally priced homes
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