Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 3.32
Mortgage as Percentage of Income: 23.31%
Loan Affordability Index: 4.29
Price to Rent Ratio - City Centre: 14.92
Price to Rent Ratio - Outside of Centre: 8.78
Gross Rental Yield (City Centre): 6.70%
Gross Rental Yield (Outside of Centre): 11.39%
Rent Per Month
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Apartment (1 bedroom) in City Centre 812.62 $ 600.00-1,100.00
Apartment (1 bedroom) Outside of Centre 656.27 $ 500.00-800.00
Apartment (3 bedrooms) in City Centre 1,438.46 $ 1,200.00-1,850.00
Apartment (3 bedrooms) Outside of Centre 1,280.77 $ 1,000.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 243.99 $ 152.00-333.57
Price per Square Feet to Buy Apartment Outside of Centre 121.22 $ 119.69-125.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,957.27 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.59 3.00-4.12

These data are based on 145 entries in the past 18 months from 33 different contributors.
Last update: March 2021

Sources and References
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