Safe Rate Local
Learn about the people, housing, costs and businesses in Albuquerque
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Albuquerque.
True all-in cost — P&I, taxes, insurance & utilities for homes in Albuquerque.
Find and compare lenders active near Albuquerque.
FEMA flood zones and flood insurance estimates for Albuquerque.
Seismic risk and earthquake insurance estimates for Albuquerque.
Wildfire exposure and insurance estimates for Albuquerque.
Mortgage rates for Albuquerque are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.
View current rates for AlbuquerqueThe median home value in Albuquerque is $295k. The median monthly rent is $1,330. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Albuquerque have increased 17.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,207/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Albuquerque is $77k/year.
Calculate your buying powerThe largest employment sectors in Albuquerque are public administration (26%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.