Metropolitan Area

Albuquerque, NM

New Mexico0
52
/100
Hold
#693 of 894 metros
Top 77% nationally for investing

Market Snapshot

$352,894
Median Home Price
39% above national median
$1,502/mo
Median Rent
8% above national median
5.11%
Rent-to-Price Ratio
Top 72% nationally
-$874
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$352,894
Down Payment (20%)$70,579
Loan Amount$282,315
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,502
Monthly P&I-$1,850
Est. Expenses (35%)-$526
Net Cash Flow-$874/mo
3.3%
Cap Rate (all cash)
-12.9%
Cash-on-Cash Return
5.11%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.3% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

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Score Breakdown

Overall Investment Score
52/100
52
Cash Flow(30%)
47/100

Based on 5.11% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
60/100

Based on 1.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
54/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Below-average rent-to-price ratio (5.11%)
  • -Negative cash flow at typical financing (-$874/mo)
  • -Negative leverage (cap rate 3.3% < mortgage rate 6.9%)

Counties in Albuquerque, NM

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Waycross, GA
Waycross, GA
72$174,474$1,0257.05%BuyView
Maryville, MO
Maryville, MO
72$222,578Est.BuyView
Auburn, NY
Auburn, NY
72$231,300$1,3406.95%BuyView
Shawnee, OK
Shawnee, OK
72$195,990$1,1346.95%BuyView
Tiffin, OH
Tiffin, OH
72$179,031$9626.44%BuyView
Current
Albuquerque, NM
52$352,894$1,5025.11%Hold

Rent vs buy in this metro

Rent vs buy in Albuquerque, NMMedian $339,865 · rent $1,478/mo

The Bottom Line

HoldAlbuquerque, NM is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Albuquerque, NM metro area scores 52/100, ranking #693 of 894 US metros (top 77%). The 5.11% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-874/mo
Cap Rate
3.3%
Cash-on-Cash
-14.9%

Ready to Invest in Albuquerque, NM?

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