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Affordable
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These days, finding an affordable place to live in the 88350 area can be challenging. Home prices in 88350 are now at a median cost of $88,700, lower than the New Mexico average of $265,486.
The average cost of rent is $699/mo in 88350, primarily driven by the current value of real estate in the 88350 area. In 88350, 0.00% of households rent, and 61.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88350 is $4,571 per month. Households that rent pay about 15.29% of their income on rent here. 88350’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 88347, NM: higher priced homes
- 88349, NM: higher priced homes
- 88354, NM: higher priced homes
- 88344, NM: higher priced homes
- 87940, NM: less expensive homes
- 87937, NM: higher priced homes
- 87941, NM: less expensive homes
- 87936, NM: equally priced homes
- 87933, NM: higher priced homes
- 88034, NM: higher priced homes
Zip Codes with Similar Populations
- 01467, MA: higher priced homes
- 99922, AK: higher priced homes
- 99820, AK: higher priced homes
- 99613, AK: higher priced homes
- 99150, WA: higher priced homes
- 98673, WA: higher priced homes
- 97835, OR: higher priced homes
- 88039, NM: higher priced homes
- 80929, CO: higher priced homes
- 14173, NY: equally priced homes
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