Housing in Albuquerque, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$336,224
Zillow Rent Index
$1,477
Albuquerque vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 500,000 - 1,000,000 residents. Albuquerque is highlighted.
Median Home Value
70th%ilemost expensive$266,700show rank
Median Rent
62nd%ilemost expensive rent$1,085show rank
Rent Burden
59th%ilehighest rent burden19.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$266,700
Median Rent
$1,085
Total Housing Units
256,861
Vacancy Rate
5.7%
Owner Occupied
61.5%
Renter Occupied
38.5%
Median Property Tax
$2,596
per year
Monthly Cost (w/ Mortgage)
$1,220
Housing Types
Single Family67.7%
Multi-Family28.4%
Mobile Home3.9%
The median home value in Albuquerque, NM is $266,700. According to Zillow, the home value index for Albuquerque is $336,224. Zillow's observed rent index is $1,477/month. About 61.5% of housing units are owner-occupied. The median year homes were built is 1982. There are 256,861 total housing units.