Property Prices in Albuquerque, NM, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.95 |
| Mortgage as Percentage of Income: | 26.32% |
| Loan Affordability Index: | 3.80 |
| Price to Rent Ratio - City Centre: | 8.13 |
| Price to Rent Ratio - Outside of Centre: | 8.91 |
| Gross Rental Yield (City Centre): | 12.30% |
| Gross Rental Yield (Outside of Centre): | 11.22% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,494.89 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,135.50 $ | |
| Apartment (3 bedrooms) in City Centre | 2,549.29 $ | |
| Apartment (3 bedrooms) Outside of Centre | 2,205.83 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 240.50 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 212.49 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 4,134.53 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.47 |
These data are based on 120 entries in the past 18 months from 31 different contributors.
Last update: July 2024
Sources and References
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