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These days, finding an affordable place to live in the 88342 area can be challenging. Home prices in 88342 are now at a median cost of $146,365, lower than the New Mexico average of $265,486.
The average cost of rent is $904/mo in 88342, primarily driven by the current value of real estate in the 88342 area. In 88342, 10.68% of households rent, and 91.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88342 is $4,638 per month. Households that rent pay about 19.49% of their income on rent here. 88342’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 88002, NM: higher priced homes
- 88052, NM: higher priced homes
- 88011, NM: higher priced homes
- 88012, NM: higher priced homes
- 88047, NM: higher priced homes
- 88003, NM: higher priced homes
- 88001, NM: equally priced homes
- 88005, NM: higher priced homes
- 88046, NM: higher priced homes
- 88007, NM: higher priced homes
Zip Codes with Similar Populations
- 81043, CO: higher priced homes
- 52348, IA: equally priced homes
- 53962, WI: higher priced homes
- 54417, WI: higher priced homes
- 54934, WI: higher priced homes
- 56047, MN: higher priced homes
- 56456, MN: higher priced homes
- 58713, ND: less expensive homes
- 59039, MT: higher priced homes
- 79918, TX: higher priced homes
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