
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Downtown area can be challenging. Home prices in Downtown are now at a median cost of $274,066, lower than the Albuquerque average of $300,813.
The average cost of rent is $956/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. In Downtown, 70.31% of households rent, and 45.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $3,965 per month. Households that rent pay about 24.10% of their income on rent here. Downtown’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- South Broadway, Albuquerque, NM: less expensive homes
- Near N Valley, Albuquerque, NM: higher priced homes
- Kirtland Community, Albuquerque, NM: less expensive homes
- Rio Grande, Albuquerque, NM: higher priced homes
- Victory Hills, Albuquerque, NM: equally priced homes
- South Atrisco, South Valley, NM: less expensive homes
- West Mesa, Albuquerque, NM: less expensive homes
- Alamosa, Albuquerque, NM: less expensive homes
- Nob Hill, Albuquerque, NM: higher priced homes
- Se Heights, Albuquerque, NM: higher priced homes
Neighborhoods with Similar Populations
- Sonoma Ranch, Helotes, TX: higher priced homes
- East Village, Amherst, MA: higher priced homes
- East Roseville Parkway, Roseville, CA: higher priced homes
- East Ocean View, Norfolk, VA: higher priced homes
- East del Paso Heights, Sacramento, CA: higher priced homes
- East Campus, Columbia, MO: less expensive homes
- Downtown Lynnwood, Lynnwood, WA: higher priced homes
- Downtown Fremont Historic District, Fremont, OH: less expensive homes
- Dogwood Hollow, Levittown, PA: higher priced homes
- Denver Harbor-Port Houston, Houston, TX: less expensive homes
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