Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Albuquerque city, New Mexico?
City · Census ACS 5-Year estimates
The median home value in Albuquerque city, New Mexico is $291,500 (±$3,310), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,145/month, and the median household income is $68,317/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Albuquerque city, New Mexico
| Metric | Value |
|---|---|
| Median Home Value | $291,500 |
| Median Gross Rent | $1,145 |
| Median Household Income | $68,317 |
| Total Housing Units | 243,733 |
| Renter-Occupied Units | 93,057 |
| Renter-Occupied Share | 38% |
How does Albuquerque city, New Mexico compare?
Median home value ranked against all cities in New Mexico.
Higher home value than 75% of cities in New Mexico · 86th of 336
| # | City | Value |
|---|---|---|
| 1 | La Tierra CDP | $2,000,001 |
| 2 | Las Campanas CDP | $1,545,800 |
| 3 | Hyde Park CDP | $1,375,000 |
| … 82 more … | ||
| 86 | Albuquerque city(you are here) | $291,500 |
| … 247 more … | ||
| 334 | Peak Place CDP | $13,800 |
| 335 | La Jara CDP | $13,400 |
| 336 | Luna CDP | $11,100 |
More data for Albuquerque city, New Mexico
Frequently asked questions
What is the median home value in Albuquerque city, New Mexico?
The median home value in Albuquerque city, New Mexico is $291,500, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Albuquerque city, New Mexico?
The median gross rent in Albuquerque city, New Mexico is $1,145/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Albuquerque city, New Mexico?
The median household income in Albuquerque city, New Mexico is $68,317/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $291,500 has a margin of error of ±$3,310. In very small areas, MOEs can be large relative to the estimate.
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