The Most Affordable Neighborhoods in 88346, NM by Home Value

 

88346, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 88346 area can be challenging. Home prices in 88346 are now at a median cost of $152,820, lower than the New Mexico average of $199,923.

The average cost of rent is $571/mo in 88346, primarily driven by the current value of real estate in the 88346 area. While nearly 60.54% of residents own their homes outright in 88346, 41.54% rent.

Housing affordability isn’t just about home prices, though. The average household income in 88346 is $3,291 per month. Households that rent pay about 17.34% of their income on rent here. 88346's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.


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