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Albuquerque, NM Real Estate

Albuquerque anchors one of New Mexico's largest metro areas with a population of about 562,488. The median home value is near $266,700, and median rent runs around $1,085/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$266,700
Median Rent
$1,085/mo
Population
562,488
Median Income
$65,604
Median Age
38.7
Homeownership
61.5%

Monthly payment on a median Albuquerque home

Example for a $266,700 home: 20% down, 30-yr at ~6.75%, NM property tax ~0.67%, 0.4% insurance.

Est. monthly (PITI)
$1,622
Principal & interest
$1,384
Property tax / mo
$149
Down payment (20%)
$53,340

Albuquerque at a glance

  • 20.9% of residents 25+ hold a bachelor's degree or higher.
  • 61.5% of occupied homes are owner-occupied.
  • Median household income is $65,604.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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