Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 2.93
Mortgage as Percentage of Income: 26.14%
Loan Affordability Index: 3.83
Price to Rent Ratio - City Centre: 7.89
Price to Rent Ratio - Outside of Centre: 8.49
Gross Rental Yield (City Centre): 12.68%
Gross Rental Yield (Outside of Centre): 11.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,472.67 $ 964.00-1,950.00
Apartment (1 bedroom) Outside of Centre 1,137.11 $ 900.00-1,450.00
Apartment (3 bedrooms) in City Centre 2,605.62 $ 2,000.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,305.83 $ 2,150.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 233.59 $ 210.98-275.00
Price per Square Feet to Buy Apartment Outside of Centre 206.79 $ 175.00-241.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,038.24 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.44 5.94-6.80

These data are based on 128 entries in the past 18 months from 36 different contributors.
Last update: November 2024

Sources and References
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