Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 2.57
Mortgage as Percentage of Income: 21.12%
Loan Affordability Index: 4.73
Price to Rent Ratio - City Centre: 11.59
Price to Rent Ratio - Outside of Centre: 7.79
Gross Rental Yield (City Centre): 8.63%
Gross Rental Yield (Outside of Centre): 12.83%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,238.89 $ 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 922.92 $ 750.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,300.00 $ 2,000.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,891.67 $ 1,600.00-2,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 295.12 $ 220.00-333.57
Price per Square Feet to Buy Apartment Outside of Centre 154.92 $ 119.69-180.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,705.89 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.43 1.40-5.43

These data are based on 81 entries in the past 18 months from 17 different contributors.
Last update: August 2022

Sources and References
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