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Affordable
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These days, finding an affordable place to live in the 88349 area can be challenging. Home prices in 88349 are now at a median cost of $334,289, higher than the New Mexico average of $265,486.
The average cost of rent is $830/mo in 88349, primarily driven by the current value of real estate in the 88349 area. In 88349, 4.89% of households rent, and 66.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88349 is $6,475 per month. Households that rent pay about 12.81% of their income on rent here. 88349’s most expensive areas are in the northern regions, while the cheapest areas are in the western 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
- 88310, NM: less expensive homes
- 88347, NM: higher priced homes
- 88350, NM: less expensive homes
- 88330, NM: less expensive homes
- 88354, NM: equally priced homes
- 88344, NM: less expensive homes
- 88250, NM: less expensive homes
- 87940, NM: less expensive homes
- 87937, NM: less expensive homes
- 87941, NM: less expensive homes
Zip Codes with Similar Populations
- 56436, MN: less expensive homes
- 50152, IA: higher priced homes
- 99774, AK: less expensive homes
- 99757, AK: less expensive homes
- 99732, AK: less expensive homes
- 99706, AK: equally priced homes
- 99675, AK: less expensive homes
- 99656, AK: less expensive homes
- 99579, AK: less expensive homes
- 99333, WA: less expensive homes
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