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These days, finding an affordable place to live in the 88414 area can be challenging. Home prices in 88414 are now at a median cost of $145,800, lower than the New Mexico average of $199,923.
The average cost of rent is $1,063/mo in 88414, primarily driven by the current value of real estate in the 88414 area. While nearly 66.67% of residents own their homes outright in 88414, 27.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88414 is $4,697 per month. Households that rent pay about 22.63% of their income on rent here. 88414's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 88418, NM: higher priced homes
- 88419, NM: higher priced homes
- 87740, NM: less expensive homes
- 73946, OK: less expensive homes
- 87558, NM: higher priced homes
- 73933, OK: less expensive homes
- 87556, NM: higher priced homes
- 87519, NM: higher priced homes
- 87564, NM: higher priced homes
- 73947, OK: less expensive homes
Zip Codes with Similar Populations
- 98559, WA: higher priced homes
- 48554, MI: less expensive homes
- 48816, MI: higher priced homes
- 49084, MI: equally priced homes
- 49409, MI: equally priced homes
- 50110, IA: higher priced homes
- 50127, IA: higher priced homes
- 99174, WA: higher priced homes
- 99144, WA: equally priced homes
- 54152, WI: higher priced homes
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