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Affordable
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These days, finding an affordable place to live in the 88422 area can be challenging. Home prices in 88422 are now at a median cost of $182,775, lower than the New Mexico average of $265,486.
The average cost of rent is $752/mo in 88422, primarily driven by the current value of real estate in the 88422 area. In 88422, 23.97% of households rent, and 78.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 88422 is $6,166 per month. Households that rent pay about 12.19% of their income on rent here. 88422’s most expensive areas are in the southern 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
- 87747, NM: less expensive homes
- 88415, NM: less expensive homes
- 87729, NM: higher priced homes
- 79087, TX: less expensive homes
- 87710, NM: higher priced homes
- 87571, NM: higher priced homes
- 87557, NM: higher priced homes
- 87529, NM: higher priced homes
- 79051, TX: higher priced homes
- 87517, NM: higher priced homes
Zip Codes with Similar Populations
- 47986, IN: equally priced homes
- 45838, OH: equally priced homes
- 46125, IN: equally priced homes
- 46572, IN: higher priced homes
- 46922, IN: equally priced homes
- 46980, IN: equally priced homes
- 47104, IN: higher priced homes
- 47370, IN: less expensive homes
- 47458, IN: higher priced homes
- 47467, IN: less expensive homes
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