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Affordable
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These days, finding an affordable place to live in the 88343 area can be challenging. Home prices in 88343 are now at a median cost of $321,400, higher than the New Mexico average of $265,486.
The average cost of rent is $1,237/mo in 88343, primarily driven by the current value of real estate in the 88343 area. In 88343, 24.92% of households rent, and 79.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88343 is $4,026 per month. Households that rent pay about 30.72% of their income on rent here. 88343’s most expensive areas are in the northern regions, while the cheapest areas are in the northern 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
- 88324, NM: equally priced homes
- 88346, NM: less expensive homes
- 88345, NM: less expensive homes
- 88203, NM: less expensive homes
- 88340, NM: less expensive homes
- 88230, NM: less expensive homes
- 88232, NM: less expensive homes
- 88314, NM: less expensive homes
- 88267, NM: less expensive homes
- 88262, NM: less expensive homes
Zip Codes with Similar Populations
- 82929, WY: less expensive homes
- 51656, IA: less expensive homes
- 54565, WI: less expensive homes
- 54662, WI: less expensive homes
- 54926, WI: less expensive homes
- 80746, CO: less expensive homes
- 80862, CO: less expensive homes
- 81138, CO: less expensive homes
- 81239, CO: higher priced homes
- 81411, CO: less expensive homes
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