Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 3.17
Mortgage as Percentage of Income: 28.35%
Loan Affordability Index: 3.53
Price to Rent Ratio - City Centre: 9.87
Price to Rent Ratio - Outside of Centre: 9.65
Gross Rental Yield (City Centre): 10.13%
Gross Rental Yield (Outside of Centre): 10.36%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,139.25 $ 900.00-1,350.00
Apartment (1 bedroom) Outside of Centre 989.75 $ 869.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,391.67 $ 1,950.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,233.75 $ 1,800.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 245.07 $ 216.00-275.00
Price per Square Feet to Buy Apartment Outside of Centre 215.75 $ 200.00-241.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,908.18 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.48 6.19-6.80

These data are based on 129 entries from 34 contributors over the past 18 months.
Last update: April 2025

Sources and References
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