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These days, finding an affordable place to live in the 88353 area can be challenging. Home prices in 88353 are now at a median cost of $51,600, lower than the New Mexico average of $265,486.
The average cost of rent is $437/mo in 88353, primarily driven by the current value of real estate in the 88353 area. In 88353, 17.98% of households rent, and 73.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88353 is $2,461 per month. Households that rent pay about 17.76% of their income on rent here. 88353’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
- 88321, NM: higher priced homes
- 87063, NM: higher priced homes
- 87016, NM: higher priced homes
- 87036, NM: higher priced homes
- 87061, NM: higher priced homes
- 88121, NM: higher priced homes
- 88427, NM: higher priced homes
- 87031, NM: higher priced homes
- 87060, NM: higher priced homes
- 87002, NM: higher priced homes
Zip Codes with Similar Populations
- 24167, VA: higher priced homes
- 15738, PA: higher priced homes
- 15745, PA: higher priced homes
- 15863, PA: higher priced homes
- 16024, PA: higher priced homes
- 16619, PA: higher priced homes
- 16670, PA: higher priced homes
- 20130, VA: higher priced homes
- 20667, MD: higher priced homes
- 21056, MD: higher priced homes
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