Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 3.19
Mortgage as Percentage of Income: 28.55%
Loan Affordability Index: 3.50
Price to Rent Ratio - City Centre: 9.29
Price to Rent Ratio - Outside of Centre: 9.40
Gross Rental Yield (City Centre): 10.76%
Gross Rental Yield (Outside of Centre): 10.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,202.33 $ 964.00-1,350.00
Apartment (1 bedroom) Outside of Centre 1,031.12 $ 900.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,559.38 $ 2,000.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,261.67 $ 1,900.00-2,500.00
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) 3,889.77 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.51 6.19-6.80

These data are based on 122 entries in the past 18 months from 33 different contributors.
Last update: March 2025

Sources and References
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