| Albuquerque, NM | |
|---|---|
 | |
| State | New Mexico |
| Population | 559,374 |
| Links | |
| Maps | |
In comparison to nearby areas, Albuquerque is somewhat less expensive, and it's a little less expensive compared to the United States as a whole.
Albuquerque's median home cost is $198,200. This is roughly $51,683 (20%) lower in comparison to nearby areas.It is about $19,300 (8%) lower compared to the rest of the nation.
In Albuquerque the median rent is $873 a month. This is approximately $104 (10%) lower in comparison to other places in this area.In comparison to the US as a whole it is about $189 (17%) lower.
North Valley is Albuquerque's neighbor to the north. Its real estate prices are somewhat more expensive. The median home in North Valley costs $221,500, which comes out to $23,300 (10%) higher than Albuquerque. Its rents are similar. In North Valley the median rent is $852 per month, which works out to $21 (2%) lower than Albuquerque.
South Valley is Albuquerque's neighbor to the south. Its housing prices are substantially less expensive. The median home in South Valley is valued at $147,400, which comes out to $50,800 (34%) lower than Albuquerque. Its rents are a little less expensive. South Valley's median rent is $709 per month, which comes out to $164 (23%) lower than Albuquerque.
Paradise Hills is Albuquerque's neighbor to the north. The real estate prices there are somewhat less expensive. Paradise Hills's median home cost is $182,100, which works out to $16,100 (8%) lower than Albuquerque. Rent there is a little more expensive. In Paradise Hills the median monthly rent is $1,121, which works out to $248 (22%) higher than Albuquerque.
Edith Endave is Albuquerque's neighbor to the north. Real estate prices there are a bit more expensive. The median home in Edith Endave costs $256,300, which is $58,100 (22%) higher than Albuquerque. Its rents are a little more expensive. Edith Endave's median rent is $1,208 a month, which works out to $335 (27%) higher than Albuquerque.
Corrales is Albuquerque's neighbor to the north. Housing prices there are substantially more expensive. The median home value in Corrales is $447,600, which comes out to $249,400 (55%) higher than Albuquerque. Its rents are a bit more expensive. The median rent in Corrales is $1,094 a month, which works out to $221 (20%) higher than Albuquerque.
Carnuel is Albuquerque's neighbor to the east. The housing prices there are a bit more expensive. The median home in Carnuel costs $244,400, which is $46,200 (18%) higher than Albuquerque. Rents there are similar. The median monthly rent in Carnuel is $877, which is very similar to Albuquerque.