Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 88431 area can be challenging. Home prices in 88431 are now at a median cost of $108,913, lower than the New Mexico average of $199,923.
The average cost of rent is $444/mo in 88431, primarily driven by the current value of real estate in the 88431 area. While nearly 73.59% of residents own their homes outright in 88431, 7.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in 88431 is $3,231 per month. Households that rent pay about 13.75% of their income on rent here. 88431's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 88401, NM: less expensive homes
- 87724, NM: less expensive homes
- 87711, NM: less expensive homes
- 88434, NM: equally priced homes
- 87583, NM: higher priced homes
- 88411, NM: equally priced homes
- 87070, NM: equally priced homes
- 79001, TX: equally priced homes
- 87056, NM: higher priced homes
- 79092, TX: equally priced homes
Zip Codes with Similar Populations
- 83348, ID: higher priced homes
- 43791, OH: equally priced homes
- 43914, OH: higher priced homes
- 44652, OH: higher priced homes
- 44678, OH: higher priced homes
- 45721, OH: higher priced homes
- 46916, IN: less expensive homes
- 47392, IN: higher priced homes
- 47836, IN: higher priced homes
- 80434, CO: higher priced homes
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