Home Price Key
Affordable
Average
Expensive
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 $212,914, lower than the Albuquerque average of $228,585.
The average cost of rent is $764/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. While nearly 25.85% of residents own their homes outright in Downtown, 72.70% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $2,712 per month. Households that rent pay about 28.16% of their income on rent here. Downtown's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Nearby Neighborhoods
- South Broadway, Albuquerque, NM: less expensive homes
- Near N Valley, Albuquerque, NM: less expensive homes
- Kirtland Community, Albuquerque, NM: less expensive homes
- Rio Grande, Albuquerque, NM: higher priced homes
- Victory Hills, Albuquerque, NM: less expensive 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: equally priced homes
- Denver Harbor-Port Houston, Houston, TX: less expensive homes
All Local Stats
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