Property Prices in Albuquerque, NM, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.18 |
| Mortgage as Percentage of Income: | 28.44% |
| Loan Affordability Index: | 3.52 |
| Price to Rent Ratio - City Centre: | 9.39 |
| Price to Rent Ratio - Outside of Centre: | 9.59 |
| Gross Rental Yield (City Centre): | 10.65% |
| Gross Rental Yield (Outside of Centre): | 10.43% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,127.33 $ | |
| Apartment (1 bedroom) Outside of Centre | 974.83 $ | |
| Apartment (3 bedrooms) in City Centre | 2,625.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,261.67 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 242.94 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 214.17 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,869.89 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.50 |
These data are based on 113 entries in the past 18 months from 33 different contributors.
Last update: January 2025
Sources and References
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