Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 88310, New Mexico?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 88310, New Mexico (ZIP 88310) is $894/month (±$52), based on Census ACS 5-Year estimates (2024). The median home value is $173,000 (±$10,051), and the median household income is $57,214/year. The unemployment rate in Otero County, New Mexico was 4.7% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 88310
| Metric | Value |
|---|---|
| Median Gross Rent | $894 |
| Median Home Value | $173,000 |
| Median Household Income | $57,214 |
| Total Housing Units | 15,353 |
| Renter-Occupied Units | 5,281 |
| Renter-Occupied Share | 34% |
| Households Paying 50%+ Income | 1,231 households |
| Unemployment Rate(April 2026) | 4.7% |
How does ZIP 88310 compare?
Median gross rent ranked against all ZIP codes in New Mexico.
Higher rent than 48% of ZIP codes in New Mexico · 91th of 173
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 87043 | $2,717 |
| 2 | ZCTA5 87122 | $2,534 |
| 3 | ZCTA5 87116 | $1,766 |
| … 87 more … | ||
| 91 | ZCTA5 88310(you are here) | $894 |
| … 79 more … | ||
| 171 | ZCTA5 88029 | $414 |
| 172 | ZCTA5 88119 | $387 |
| 173 | ZCTA5 88340 | $330 |
Geography
ZIP 88310 is in Otero County, New Mexico.
It covers part of Alamogordo city, New Mexico.
More data for ZCTA5 88310
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Frequently asked questions
What is the average rent in ZCTA5 88310, New Mexico?
The median gross rent in ZCTA5 88310, New Mexico (ZIP 88310) is $894/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 88310, New Mexico?
The median rent for a 2-bedroom in ZCTA5 88310, New Mexico is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 88310, New Mexico?
The median home value in ZCTA5 88310, New Mexico (ZIP 88310) is $173,000 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 88310 are rent-burdened?
In ZCTA5 88310, New Mexico, 1,231 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 88310, New Mexico?
The median household income in ZCTA5 88310, New Mexico is $57,214/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $894 has a margin of error of ±$52. In very small areas, MOEs can be large relative to the estimate.
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