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City

ZIP codes

Albuquerque, NM · 87185

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $69K, +4.4% YoY (county); renters hold 35.5% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

285,495

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 302,746

303Kunits

Occupied285,49594.3%

Vacant17,2515.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 285,495

285Koccupied

Owner184,25464.5%

Renter101,24135.5%

Renter Share

35.5%-0.8% YoY

Total Housing Units

302,746+0.5% YoY

FY2026 Fair Market Rent

CountyBernalillo County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,009

/month

1 BR

$1,185

/month

2 BR

$1,464

/month

3 BR

$2,036

/month

4 BR

$2,399

/month

FMR trends · Bernalillo County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.1% to 673,930: residents under 18 are down 1.8% and those 65 and over are up 2.8%.

Median Age

39.52024

Population

Bernalillo County Population

671,747-0.1% YoY

Households

Total Households

285,495+0.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.32-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 673,930

674Kresidents

Under 18136,74920.3%

Adults 18–64413,96161.4%

65 & Over123,22018.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

136,749-1.8% YoY

Population 65 & Over

123,220+2.8% YoY

Median Age

39.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.7%

Moved (within US)12.8%

Other0.5%

Veterans

8.0%-1.2% YoY

County Economy

County median household income is $69K, 15.2% of residents are below the poverty level, 14.9% work from home.

Income

Median Household Income

$69K+4.4% YoY

Per-Capita Income

$41K+3.7% YoY

Mean Household Income

$93K+3.1% YoY

Poverty

Below Poverty Level

15.2%-3.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.0%

Public transit0.8%

Worked from home14.9%

Other13.3%

Worked From Home

14.9%+16.4% YoY

Mean Commute

22.900.0% YoY

Done with 87185? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Albuquerque, NM · 87185

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $69K, +4.4% YoY (county); renters hold 35.5% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

285,495

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 302,746

303Kunits

Occupied285,49594.3%

Vacant17,2515.7%

2024 Tenure ⓘ

U.S. Census ACS · n = 285,495

285Koccupied

Owner184,25464.5%

Renter101,24135.5%

Renter Share

35.5%-0.8% YoY

Total Housing Units

302,746+0.5% YoY

FY2026 Fair Market Rent

CountyBernalillo County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,009

/month

1 BR

$1,185

/month

2 BR

$1,464

/month

3 BR

$2,036

/month

4 BR

$2,399

/month

FMR trends · Bernalillo County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.1% to 673,930: residents under 18 are down 1.8% and those 65 and over are up 2.8%.

Median Age

39.52024

Population

Bernalillo County Population

671,747-0.1% YoY

Households

Total Households

285,495+0.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.32-0.9% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 673,930

674Kresidents

Under 18136,74920.3%

Adults 18–64413,96161.4%

65 & Over123,22018.3%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

136,749-1.8% YoY

Population 65 & Over

123,220+2.8% YoY

Median Age

39.50+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house86.7%

Moved (within US)12.8%

Other0.5%

Veterans

8.0%-1.2% YoY

County Economy

County median household income is $69K, 15.2% of residents are below the poverty level, 14.9% work from home.

Income

Median Household Income

$69K+4.4% YoY

Per-Capita Income

$41K+3.7% YoY

Mean Household Income

$93K+3.1% YoY

Poverty

Below Poverty Level

15.2%-3.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone71.0%

Public transit0.8%

Worked from home14.9%

Other13.3%

Worked From Home

14.9%+16.4% YoY

Mean Commute

22.900.0% YoY

Done with 87185? Put it next to another market.