Albuquerque
New Mexico · Ranked #46 of 102 metros
50Moderate
Median Home Price
🏠$310K
Need $89K income
Median Rent
🔑$1K
Need $46K income
Housing Shortage
📉18,000
units needed
Building Permits
🔨5,500
annual
Median Income
💰$55K
Pop: 916,877
Rent Burden
⚠️32.0%
of renters paying >30%
Price Change (YoY)
📈+4%
Homeownership
🏡64.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Albuquerque | National |
|---|---|---|
| Price-to-Income Ratio | 5.6x | 6.1x |
| Rent Burden | 32.0% | 31.5% |
| Homeownership Rate | 64.0% | 65.5% |
| YoY Price Change | +4% | +3.5% |
| YoY Rent Change | +3% | +2.8% |
| Mortgage Denial Rate | 15.0% | 13.5% |
| Eviction Rate | 4.0% | 3.6% |