Affordable
Expensive
Expensive
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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 $182,593, lower than the New Mexico average of $199,923.
The average cost of rent is $851/mo in 88422, primarily driven by the current value of real estate in the 88422 area. While nearly 70.90% of residents own their homes outright in 88422, 26.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88422 is $4,230 per month. Households that rent pay about 20.11% of their income on rent here. 88422's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 87747, NM: less expensive homes
- 88415, NM: less expensive homes
- 87729, NM: less expensive 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: less expensive homes
- 45838, OH: less expensive homes
- 46125, IN: less expensive homes
- 46572, IN: less expensive homes
- 46922, IN: less expensive homes
- 46980, IN: less expensive homes
- 47104, IN: equally priced homes
- 47370, IN: less expensive homes
- 47458, IN: higher priced homes
- 47467, IN: equally priced homes
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