Rental numbers for the Albuquerque, NM metro
The typical home here runs -$1,221 a month at 7.78% with 25% down. 0 of 19 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.5%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 5.5%
- 19 ZIPs with full data
- Cash flow
- -$1,221/mo
- at 7.78%, 25% down
- Typical price
- $350,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,499/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
38 with published figures
| 87036Mountainair | $172,000 | $1,200* | 8.4% | 5.0% | -$206 | n/a |
| 87083Cochiti Lake | $274,000 | $1,910* | 8.4% | 5.2% | -$289 | n/a |
| 87031Los Lunas | $331,000 | $2,071 | 7.5% | 4.4% | -$574 | +4.1% |
| 87035Moriarty | $237,000 | $1,470* | 7.4% | 4.3% | -$437 | n/a |
| 87144Rio Rancho | $373,000 | $2,255 | 7.2% | 4.1% | -$737 | +4.0% |
| 87013Cuba | $240,000 | $1,430* | 7.1% | 3.9% | -$524 | n/a |
| 87016McIntosh | $210,000 | $1,200* | 6.9% | 3.7% | -$488 | n/a |
| 87121Albuquerque | $291,000 | $1,650 | 6.8% | 3.5% | -$713 | +1.8% |
| 87044Ponderosa | $286,000 | $1,590* | 6.7% | 3.5% | -$711 | n/a |
| 87124Rio Rancho | $350,000 | $1,715 | 5.9% | 2.9% | -$1,033 | +3.4% |
| 87113Albuquerque | $426,000 | $2,072 | 5.8% | 2.7% | -$1,341 | +1.9% |
| 87025Jemez Springs | $345,000 | $1,660* | 5.8% | 3.1% | -$960 | n/a |
| 87104Albuquerque | $357,000 | $1,682 | 5.7% | 2.5% | -$1,178 | +2.4% |
| 87114Albuquerque | $375,000 | $1,752 | 5.6% | 2.5% | -$1,231 | -1.1% |
| 87120Albuquerque | $358,000 | $1,665 | 5.6% | 2.4% | -$1,202 | +3.9% |
| 87110Albuquerque | $322,000 | $1,491 | 5.6% | 2.4% | -$1,092 | +1.0% |
| 87102Albuquerque | $248,000 | $1,146 | 5.5% | 2.1% | -$890 | +3.1% |
| 87105Albuquerque | $282,000 | $1,288 | 5.5% | 2.5% | -$945 | n/a |
| 87002Belen | $272,000 | $1,200* | 5.3% | 2.4% | -$931 | n/a |
| 87112Albuquerque | $323,000 | $1,425 | 5.3% | 2.2% | -$1,156 | +4.2% |
| 87041Pena Blanca | $284,000 | $1,210* | 5.1% | 2.5% | -$948 | n/a |
| 87004Bernalillo | $344,000 | $1,370* | 4.8% | 2.1% | -$1,263 | n/a |
| 87008Cedar Crest | $466,000 | $1,780* | 4.6% | 2.0% | -$1,737 | n/a |
| 87024Jemez Pueblo | $359,000 | $1,350* | 4.5% | 1.4% | -$1,507 | n/a |
| 87109Albuquerque | $379,000 | $1,402 | 4.4% | 1.5% | -$1,569 | -0.6% |
| 87106Albuquerque | $370,000 | $1,340 | 4.3% | 1.4% | -$1,550 | +3.2% |
| 87111Albuquerque | $421,000 | $1,486 | 4.2% | 1.4% | -$1,794 | +0.4% |
| 87107Albuquerque | $351,000 | $1,232 | 4.2% | 1.3% | -$1,514 | +3.2% |
| 87123Albuquerque | $343,000 | $1,190 | 4.2% | 1.1% | -$1,546 | -0.1% |
| 87108Albuquerque | $285,000 | $970 | 4.1% | 1.0% | -$1,300 | +3.4% |
| 87042Peralta | $409,000 | $1,350* | 4.0% | 1.6% | -$1,666 | n/a |
| 87043Placitas | $640,000 | $2,020* | 3.8% | 1.5% | -$2,642 | n/a |
| 87001Algodones | $387,000 | $1,200* | 3.7% | 1.1% | -$1,734 | n/a |
| 87047Sandia Park | $533,000 | $1,620* | 3.6% | 1.2% | -$2,352 | n/a |
| 87059Tijeras | $448,000 | $1,350* | 3.6% | 1.1% | -$2,018 | n/a |
| 87122Albuquerque | $754,000 | $2,156 | 3.4% | 0.9% | -$3,496 | +0.9% |
| 87068Bosque Farms | $424,000 | $1,200* | 3.4% | 0.9% | -$1,987 | n/a |
| 87048Corrales | $703,000 | $1,680* | 2.9% | 0.6% | -$3,421 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.5%
- Rent, 12 months
- +1.5%
- Rent minus price growth
- -0.0 pts
- Property tax
- 0.70%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $271,464 | $1,197 |
| Aug 2022 | $315,056 | $1,345 |
| Aug 2023 | $323,999 | $1,405 |
| Aug 2024 | $338,165 | $1,449 |
| Aug 2025 | $344,688 | $1,477 |
| Aug 2026 | $349,919 | $1,499 |
Counties
- Sandoval County, NM6.6% median yield
- Valencia County, NM7.5% median yield
- Bernalillo County, NM5.4% median yield
- Torrance County, NMn/a median yield
Tools
Test a listing in the Albuquerque, NM area against today's rate.
Open the calculatorQuestions
- Is the Albuquerque, NM metro good for rental property?
- The typical home here runs -$1,221 a month at 7.78% with 25% down. 0 of 19 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Albuquerque, NM metro have the highest rental yield?
- 87031 (Los Lunas) at 7.5%, 87144 (Rio Rancho) at 7.2%, 87121 (Albuquerque) at 6.8%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.