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Expensive
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These days, finding an affordable place to live in the 88345 area can be challenging. Home prices in 88345 are now at a median cost of $193,840, lower than the New Mexico average of $199,923.
The average cost of rent is $855/mo in 88345, primarily driven by the current value of real estate in the 88345 area. While nearly 58.27% of residents own their homes outright in 88345, 15.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88345 is $3,976 per month. Households that rent pay about 21.49% of their income on rent here. 88345's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 88346, NM: less expensive homes
- 88312, NM: higher priced homes
- 88324, NM: less expensive homes
- 88348, NM: less expensive homes
- 88338, NM: equally priced homes
- 88336, NM: less expensive homes
- 88351, NM: equally priced homes
- 88343, NM: less expensive homes
- 88203, NM: less expensive homes
- 88201, NM: less expensive homes
Zip Codes with Similar Populations
- 39530, MS: less expensive homes
- 68117, NE: less expensive homes
- 66053, KS: higher priced homes
- 65608, MO: less expensive homes
- 46711, IN: less expensive homes
- 45692, OH: less expensive homes
- 44813, OH: less expensive homes
- 44270, OH: less expensive homes
- 01833, MA: higher priced homes
- 41139, KY: less expensive homes
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