Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 88318 area can be challenging. Home prices in 88318 are now at a median cost of $174,397, lower than the New Mexico average of $199,923.
The average cost of rent is $503/mo in 88318, primarily driven by the current value of real estate in the 88318 area. While nearly 70.31% of residents own their homes outright in 88318, 16.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88318 is $4,599 per month. Households that rent pay about 10.93% of their income on rent here. 88318's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 87028, NM: less expensive homes
- 87823, NM: less expensive homes
- 87831, NM: less expensive homes
- 87828, NM: less expensive homes
- 87825, NM: less expensive homes
- 88118, NM: less expensive homes
- 88130, NM: less expensive homes
- 88103, NM: less expensive homes
- 79325, TX: less expensive homes
- 79347, TX: less expensive homes
Zip Codes with Similar Populations
- 95494, CA: higher priced homes
- 16685, PA: equally priced homes
- 16730, PA: less expensive homes
- 16861, PA: less expensive homes
- 17247, PA: higher priced homes
- 17768, PA: less expensive homes
- 18221, PA: less expensive homes
- 18244, PA: higher priced homes
- 18816, PA: higher priced homes
- 19316, PA: higher priced homes
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