Home values, rents and more in the Albuquerque metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How the Albuquerque metro compares
The typical home in the Albuquerque metro area is worth about $349,000, according to the Zillow Home Value Index for September 2026. Home values in the Albuquerque metro are 10% above the typical value in New Mexico ($316,000) and 5% below the U.S. typical value ($366,000).
Over the past year, home values in the Albuquerque metro rose 1.5%, compared with +1.7% in New Mexico and +1.2% nationally.
Typical rent is $1,490 a month (Zillow Observed Rent Index), 6% below New Mexico ($1,584) and 23% below the U.S. ($1,932). Rents rose 1.4% over the past year.
The median household income is $70,783, against $64,059 in New Mexico and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 925,279 people live in the Albuquerque metro (Census Bureau estimate for July 2025).
The Albuquerque metro has the 240th-highest typical home value of the 923 metro areas in the United States and the 4th-highest of 17 in New Mexico with Zillow figures.
Part of: New Mexico
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby metro areas
Counties in the Albuquerque metro
Cities in the Albuquerque metro
- Albuquerque, NM $344,000
- Rio Rancho, NM $360,000
- Los Lunas, NM $331,000
- Bernalillo, NM $341,000
- Corrales, NM $701,000
- Belen, NM $272,000
- Los Ranchos de Albuquerque, NM $714,000
- Rio Communities, NM $267,000
- Placitas, NM $642,000
- Bosque Farms, NM $421,000
- Peralta, NM $405,000
- Jemez Pueblo, NM $360,000
- Moriarty, NM $227,000
- Algodones, NM $381,000
- Estancia, NM $201,000
- Mountainair, NM $162,000
- Cedar Crest, NM $465,000
- Carnuel, NM $339,000
- Tijeras, NM $445,000
- Cochiti Lake, NM $270,000
- Sandia Park, NM $534,000
- Ponderosa, NM $289,000
- Jemez Springs, NM $341,000
- La Jara, NM $256,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.