The Most Affordable Neighborhoods in Seven Bar Ranch, Albuquerque, NM by Home Value

 

Seven Bar Ranch, Albuquerque, NM Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Seven Bar Ranch area can be challenging. Home prices in Seven Bar Ranch are now at a median cost of $242,170, higher than the Albuquerque average of $228,585.

The average cost of rent is $1,193/mo in Seven Bar Ranch, primarily driven by the current value of real estate in the Seven Bar Ranch area. While nearly 20.55% of residents own their homes outright in Seven Bar Ranch, 68.30% rent.

Housing affordability isn’t just about home prices, though. The average household income in Seven Bar Ranch is $5,228 per month. Households that rent pay about 22.82% of their income on rent here. Seven Bar Ranch's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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