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These days, finding an affordable place to live in the 88348 area can be challenging. Home prices in 88348 are now at a median cost of $165,900, lower than the New Mexico average of $199,923.
The average cost of rent is $498/mo in 88348, primarily driven by the current value of real estate in the 88348 area. While nearly 62.96% of residents own their homes outright in 88348, 16.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88348 is $4,186 per month. Households that rent pay about 11.90% of their income on rent here. 88348's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 88336, NM: equally priced homes
- 88338, NM: higher priced homes
- 88324, NM: equally priced homes
- 88351, NM: higher priced homes
- 88346, NM: equally priced homes
- 88312, NM: higher priced homes
- 88316, NM: higher priced homes
- 88345, NM: higher priced homes
- 88341, NM: higher priced homes
- 88203, NM: less expensive homes
Zip Codes with Similar Populations
- 04495, ME: less expensive homes
- 04777, ME: less expensive homes
- 04853, ME: higher priced homes
- 05071, VT: higher priced homes
- 05825, VT: equally priced homes
- 06390, NY: higher priced homes
- 08316, NJ: equally priced homes
- 12433, NY: higher priced homes
- 12444, NY: higher priced homes
- 12749, NY: less expensive homes
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