
Expensive
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These days, finding an affordable place to live in the Near N Valley area can be challenging. Home prices in Near N Valley are now at a median cost of $311,049, higher than the Albuquerque average of $300,813.
The average cost of rent is $1,034/mo in Near N Valley, primarily driven by the current value of real estate in the Near N Valley area. In Near N Valley, 44.93% of households rent, and 31.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Near N Valley is $4,220 per month. Households that rent pay about 24.50% of their income on rent here. Near N Valley’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Rio Grande, Albuquerque, NM: higher priced homes
- Downtown, Albuquerque, NM: less expensive homes
- West Mesa, Albuquerque, NM: less expensive homes
- South Broadway, Albuquerque, NM: less expensive homes
- SR Marmon, Albuquerque, NM: less expensive homes
- McKinley, Albuquerque, NM: less expensive homes
- Hodgin, Albuquerque, NM: less expensive homes
- Nob Hill, Albuquerque, NM: higher priced homes
- Taylor Ranch, Albuquerque, NM: equally priced homes
- Ladera West, Albuquerque, NM: less expensive homes
Neighborhoods with Similar Populations
- Angelo Heights, San Angelo, TX: less expensive homes
- Wooten, Austin, TX: higher priced homes
- Woods of Shavano, San Antonio, TX: equally priced homes
- West Village, Oxnard, CA: higher priced homes
- West Somerville, Somerville, MA: higher priced homes
- Teaticket, East Falmouth, MA: higher priced homes
- Glenham-Belhar, Baltimore, MD: less expensive homes
- Forest Park, Baltimore, MD: less expensive homes
- Fillmore, New Orleans, LA: higher priced homes
- Fairwood Greens, Fairwood, WA: higher priced homes
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