Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 3.71
Mortgage as Percentage of Income: 33.01%
Loan Affordability Index: 3.03
Price to Rent Ratio - City Centre: 10.68
Price to Rent Ratio - Outside of Centre: 10.19
Gross Rental Yield (City Centre): 9.36%
Gross Rental Yield (Outside of Centre): 9.81%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,582.18 $ 964.00-2,060.00
Apartment (1 bedroom) Outside of Centre 1,203.78 $ 900.00-1,560.00
Apartment (3 bedrooms) in City Centre 2,605.62 $ 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,355.00 $ 2,150.00-2,750.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 329.49 $ 210.98-749.99
Price per Square Feet to Buy Apartment Outside of Centre 258.33 $ 207.00-450.00
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 4,259.36 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.42 5.95-6.80

These data are based on 133 entries in the past 18 months from 33 different contributors.
Last update: April 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far