The Most Affordable Neighborhoods in Alban Hills, Albuquerque, NM by Home Value

 

Alban Hills, Albuquerque, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Alban Hills area can be challenging. Home prices in Alban Hills are now at a median cost of $349,722, higher than the Albuquerque average of $300,813.

The average cost of rent is $1,498/mo in Alban Hills, primarily driven by the current value of real estate in the Alban Hills area. In Alban Hills, 12.83% of households rent, and 30.37% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Alban Hills is $7,882 per month. Households that rent pay about 19.01% of their income on rent here. Alban Hills’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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