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Roswell city, NM

ZIP 88203 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 88203

Median Home Value
$115,600
Median Rent
$679
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$743/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 88203 in Roswell city, NM, a household would need roughly $32,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $743. That sits below the local median household income ($42,067), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
62.2%-5% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
73.6%-15% vs US avg
x
4+ Bedrooms
1.4%-91% vs US avg
x
Built Pre-1939
7.9%-38% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
26.6%-47% vs US avg
x
Mortgage-Free
51.6%+35% vs US avg
x
$115,600
Home Value
$679
Rent
1964
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.9%
  • 1-unit attached2.2%
  • 2-9 units8.0%
  • 10+ units5.9%
  • Mobile home & other10.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$115,600
Median rent$679
Owner-occupied62.2%
Vacant12.0%
Price-to-income2.7x
Est. income to buy$32,000