Property Prices in Albuquerque, NM, United States

Index Info
Price to Income Ratio: 3.18
Mortgage as Percentage of Income: 22.18%
Loan Affordability Index: 4.51
Price to Rent Ratio - City Centre: 13.42
Price to Rent Ratio - Outside of Centre: 8.36
Gross Rental Yield (City Centre): 7.45%
Gross Rental Yield (Outside of Centre): 11.95%
Rent Per Month
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Apartment (1 bedroom) in City Centre 859.82 $ 650.00-1,200.00
Apartment (1 bedroom) Outside of Centre 693.25 $ 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,488.46 $ 1,250.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,334.62 $ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 229.79 $ 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) 2,974.56 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.54 3.00-4.12

These data are based on 148 entries in the past 18 months from 34 different contributors.
Last update: June 2021

Sources and References
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