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Los Ranchos de Albuquerque

Learn about the people, housing, costs and businesses in Los Ranchos de Albuquerque, New Mexico

Median Home$380,524
Median Rent$1,180/month
Population5,873
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation14% arts, food & hospitality
Home Value Growth⬆⬆⬆+24.0% over 2 years
Retirees24% of residentsslightly above average
Homeowners82% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableTransit83/100 · excellent transit access
Los Ranchos de Albuquerque
NM

Explore Los Ranchos de Albuquerque

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Los Ranchos de Albuquerque?

As of today, the 30-year fixed mortgage rate for Los Ranchos de Albuquerque is approximately 6.849% (6.883% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Los Ranchos de Albuquerque
What is the median home price in Los Ranchos de Albuquerque?

The median home value in Los Ranchos de Albuquerque is $381k. The median monthly rent is $1,180. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Los Ranchos de Albuquerque?

Home values in Los Ranchos de Albuquerque have increased 24.0% 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.

How much income do you need to buy a home in Los Ranchos de Albuquerque?

Based on a typical all-in ownership cost of $1,378/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Los Ranchos de Albuquerque is $101k/year.

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What industries drive the economy in Los Ranchos de Albuquerque?

The largest employment sectors in Los Ranchos de Albuquerque are public administration (24%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.