Similar to nearby areas, it is a little more expensive compared to the entire country. It's somewhat more expensive compared to the city of Albuquerque.
Home prices
The cost of the median home in Nambe is $256,500. It is roughly $8,580 (3%) higher compared to other places in this area.In comparison to the rest of the country it is about $39,000 (17%) higher, and in comparison to the city of Albuquerque it is about $58,300 (29%) higher.
Rents
The median rent in Nambe is $896 a month. Compared to its nearby areas this is is very similar.In comparison to the rest of the country it is approximately $166 (15%) lower, and is about $23 (2%) higher in comparison to the city of Albuquerque.
Nearby places
Pojoaque
Pojoaque is Nambe's neighbor to the west. Housing prices there are substantially less expensive. The median home value in Pojoaque is $154,700, which comes out to $101,800 (65%) lower than Nambe. Rent there is a bit less expensive. In Pojoaque the median monthly rent is $792, which comes out to $104 (13%) lower than Nambe.
Cuyamungue
Cuyamungue is about 3 miles southwest of Nambe. Its real estate prices are similar. The median home in Cuyamungue costs $251,700, which comes out to $4,800 (1%) lower than Nambe. Rent there is somewhat more expensive. The median monthly rent in Cuyamungue is $958, which works out to $62 (6%) higher than Nambe.
Jacona
Jacona is approximately 3 miles west of Nambe. The real estate prices there are a little more expensive. The cost of the median home in Jacona is $316,700, which is $60,200 (19%) higher than Nambe. Its rents are a bit less expensive. Jacona's median rent is $779 per month, which comes out to $117 (15%) lower than Nambe.
Cuyamungue Grant
Cuyamungue Grant is roughly 3 miles south from Nambe. Its real estate prices are pretty similar. Cuyamungue Grant's median home cost is $260,700, which is $4,200 (1%) higher than Nambe. Its rents are a little more expensive. Cuyamungue Grant's median rent is $959 per month, which is $63 (6%) higher than Nambe.
Jaconita
Jaconita is roughly 4 miles west from Nambe. Real estate prices there are fairly similar. The median home in Jaconita is valued at $255,800, which is very similar to Nambe. Its rents are a bit more expensive. Jaconita's median monthly rent is $963, which is $67 (6%) higher than Nambe.