Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Broadway area can be challenging. Home prices in South Broadway are now at a median cost of $123,020, lower than the Albuquerque average of $228,585.
The average cost of rent is $775/mo in South Broadway, primarily driven by the current value of real estate in the South Broadway area. While nearly 50.28% of residents own their homes outright in South Broadway, 50.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Broadway is $2,657 per month. Households that rent pay about 29.15% of their income on rent here. South Broadway's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Kirtland Community, Albuquerque, NM: higher priced homes
- Downtown, Albuquerque, NM: higher priced homes
- Victory Hills, Albuquerque, NM: higher priced homes
- Se Heights, Albuquerque, NM: higher priced homes
- Nob Hill, Albuquerque, NM: higher priced homes
- South Atrisco, South Valley, NM: equally priced homes
- Near N Valley, Albuquerque, NM: higher priced homes
- Alamosa, Albuquerque, NM: higher priced homes
- South San Pedro, Albuquerque, NM: higher priced homes
- West Mesa, Albuquerque, NM: higher priced homes
Neighborhoods with Similar Populations
- Altamont, Mountain House, CA: higher priced homes
- Redmont Park, Birmingham, AL: higher priced homes
- Oakley, Asheville, NC: higher priced homes
- Ravine Gardens, Matawan, NJ: higher priced homes
- Rancho Fontana, Fontana, CA: higher priced homes
- Point Richmond, Richmond, CA: higher priced homes
- Plymouth-Exchange, Rochester, NY: less expensive homes
- Piscataquog, Manchester, NH: higher priced homes
- Pheasant Hill, Dayton, OH: higher priced homes
- Perry South, Pittsburgh, PA: less expensive homes
All Local Stats
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