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ZIP 87103 — Housing & Real Estate

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

Low Income Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 87103

Median Home Value
$189,500
Median Rent
$785
Affordability Snapshot
$52,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,217/mo PITI).

42%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

8.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

20.1 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 87103, a household would need roughly $52,000 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 $1,217. That is about 130% above the local median household income ($22,629), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
8.6%-87% vs US avg
x
Vacancy Rate
16.3%+58% vs US avg
x
Broadband Access
72.2%-17% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
4.7%-64% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
46.5%-7% vs US avg
x
Mortgage-Free
13.6%-64% vs US avg
x
$189,500
Home Value
$785
Rent
2005
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached5.4%
  • 1-unit attached1.2%
  • 2-9 units16.2%
  • 10+ units77.2%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$189,500
Median rent$785
Owner-occupied8.6%
Vacant16.3%
Price-to-income8.4x
Est. income to buy$52,000