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Expensive
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These days, finding an affordable place to live in the Bernalillo County area can be challenging. Home prices in Bernalillo County are now at a median cost of $306,220, higher than the New Mexico average of $265,486.
The average cost of rent is $1,368/mo in Bernalillo County, primarily driven by the current value of real estate in the Bernalillo County area. In Bernalillo County, 35.46% of households rent, and 38.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bernalillo County is $6,692 per month. Households that rent pay about 20.44% of their income on rent here. Bernalillo County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Cibola County, NM: less expensive homes
- Quay County, NM: less expensive homes
- Oldham County, TX: less expensive homes
- Randall County, TX: less expensive homes
- Potter County, TX: less expensive homes
- Armstrong County, TX: less expensive homes
- Mohave County, AZ: equally priced homes
- Caddo County, OK: less expensive homes
- Grady County, OK: less expensive homes
- McClain County, OK: less expensive homes
Counties with Similar Populations
- San Mateo County, CA: higher priced homes
- Norfolk County, MA: higher priced homes
- Jefferson County, AL: equally priced homes
- Monmouth County, NJ: higher priced homes
- Monroe County, NY: less expensive homes
- Providence County, RI: higher priced homes
- Utah County, UT: higher priced homes
- Will County, IL: equally priced homes
- Washington County, OR: higher priced homes
- Bucks County, PA: higher priced homes
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