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These days, finding an affordable place to live in the 88337 area can be challenging. Home prices in 88337 are now at a median cost of $163,233, lower than the New Mexico average of $265,486.
The average cost of rent is $679/mo in 88337, primarily driven by the current value of real estate in the 88337 area. In 88337, 18.46% of households rent, and 70.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88337 is $4,451 per month. Households that rent pay about 15.26% of their income on rent here. 88337’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern 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: higher priced homes
- 88310, NM: equally priced homes
- 88352, NM: equally priced homes
- 88317, NM: higher priced homes
- 88330, NM: equally priced homes
- 88339, NM: higher priced homes
- 88250, NM: higher priced homes
- 87930, NM: higher priced homes
- 87942, NM: less expensive homes
- 87931, NM: equally priced homes
Zip Codes with Similar Populations
- 21623, MD: higher priced homes
- 18850, PA: higher priced homes
- 13673, NY: equally priced homes
- 14040, NY: higher priced homes
- 67878, KS: less expensive homes
- 74339, OK: less expensive homes
- 65725, MO: higher priced homes
- 65351, MO: less expensive homes
- 63060, MO: higher priced homes
- 62326, IL: less expensive homes
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