The Most Affordable Neighborhoods in Ladera West, Albuquerque, NM by Home Value

 

Ladera West, Albuquerque, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ladera West area can be challenging. Home prices in Ladera West are now at a median cost of $177,356, lower than the Albuquerque average of $228,585.

The average cost of rent is $1,156/mo in Ladera West, primarily driven by the current value of real estate in the Ladera West area. While nearly 14.18% of residents own their homes outright in Ladera West, 22.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ladera West is $5,045 per month. Households that rent pay about 22.91% of their income on rent here. Ladera West's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.


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