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 $411,733, higher than the Albuquerque average of $300,813.

The average cost of rent is $1,771/mo in Seven Bar Ranch, primarily driven by the current value of real estate in the Seven Bar Ranch area. In Seven Bar Ranch, 60.97% of households rent, and 22.54% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Seven Bar Ranch is $6,501 per month. Households that rent pay about 27.24% of their income on rent here. Seven Bar Ranch’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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