housing costs · New Mexico
Housing costs in Bernalillo County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,144 | ± $17 | evidence → |
| 2019–2023 | $1,087 | ± $16 | evidence → |
| 2018–2022 | $1,017 | ± $15 | evidence → |
| 2017–2021 | $934 | ± $14 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $292,900 | ± $3,423 | evidence → |
| 2019–2023 | $268,500 | ± $3,232 | evidence → |
| 2018–2022 | $247,300 | ± $2,350 | evidence → |
| 2017–2021 | $216,200 | ± $2,496 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 31.2 % | ± 0.9 % | evidence → |
| 2019–2023 | 30.9 % | ± 0.8 % | evidence → |
| 2018–2022 | 31.0 % | ± 0.9 % | evidence → |
| 2017–2021 | 30.9 % | ± 0.8 % | evidence → |
In context
Median rent in Bernalillo County is $1,144, above the New Mexico median of $872 across 33 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.