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Expensive
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These days, finding an affordable place to live in the 88424 area can be challenging. Home prices in 88424 are now at a median cost of $159,109, lower than the New Mexico average of $199,923.
The average cost of rent is $1,006/mo in 88424, primarily driven by the current value of real estate in the 88424 area. While nearly 68.52% of residents own their homes outright in 88424, 27.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88424 is $4,554 per month. Households that rent pay about 22.10% of their income on rent here. 88424's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 88415, NM: equally priced homes
- 73937, OK: less expensive homes
- 87728, NM: equally priced homes
- 87714, NM: less expensive homes
- 79051, TX: higher priced homes
- 87749, NM: less expensive homes
- 87718, NM: less expensive homes
- 87558, NM: higher priced homes
- 73949, OK: less expensive homes
- 87525, NM: higher priced homes
Zip Codes with Similar Populations
- 79777, TX: less expensive homes
- 45166, OH: less expensive homes
- 45617, OH: equally priced homes
- 45870, OH: equally priced homes
- 46345, IN: equally priced homes
- 46786, IN: equally priced homes
- 49775, MI: higher priced homes
- 76887, TX: higher priced homes
- 78007, TX: less expensive homes
- 79033, TX: higher priced homes
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