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These days, finding an affordable place to live in the 88421 area can be challenging. Home prices in 88421 are now at a median cost of $206,752, lower than the New Mexico average of $265,486.
The average cost of rent is $823/mo in 88421, primarily driven by the current value of real estate in the 88421 area. In 88421, 14.74% of households rent, and 97.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88421 is $5,565 per month. Households that rent pay about 14.79% of their income on rent here. 88421’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 88439, NM: equally priced homes
- 88416, NM: equally priced homes
- 87711, NM: less expensive homes
- 87569, NM: equally priced homes
- 87583, NM: less expensive homes
- 87560, NM: less expensive homes
- 88426, NM: less expensive homes
- 87565, NM: equally priced homes
- 87538, NM: higher priced homes
- 87562, NM: equally priced homes
Zip Codes with Similar Populations
- 83433, ID: higher priced homes
- 47865, IN: less expensive homes
- 50620, IA: less expensive homes
- 51045, IA: equally priced homes
- 56125, MN: less expensive homes
- 82058, WY: higher priced homes
- 82646, WY: higher priced homes
- 82844, WY: higher priced homes
- 82936, WY: higher priced homes
- 83215, ID: higher priced homes
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