Property Prices in Albuquerque, NM, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 3.91 |
| Mortgage as Percentage of Income: | 32.82% |
| Loan Affordability Index: | 3.05 |
| Price to Rent Ratio - City Centre: | 15.00 |
| Price to Rent Ratio - Outside of Centre: | 11.91 |
| Gross Rental Yield (City Centre): | 6.67% |
| Gross Rental Yield (Outside of Centre): | 8.40% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,510.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,259.44 $ | |
| Apartment (3 bedrooms) in City Centre | 2,534.50 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,048.64 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 445.25 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 290.85 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 5,069.31 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.71 |
These data are based on 117 entries in the past 18 months from 21 different contributors.
Last update: March 2023
Sources and References
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