Albuquerque, NM
562,218Residents
$68,317Median household income
$1,145/moMedian gross rent
$291,500Median home value
38.8Median age
39%Adults with a bachelor’s degree or higher
62%Homes lived in by their owners
4.3×Home value to household income
Median rent takes about 20% of the median household income in Albuquerque.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $46,000 a year. In New Mexico that leaves roughly $3,074 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.