Median home value is about $362,100 — about 4% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,428 (about 23% above the U.S. median rent ($1,163)), and owner-occupancy near 69.7% (about 4.3 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 87113 in Albuquerque, NM, a household would need roughly $100,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,326. That is roughly in line with the local median household income ($92,083). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.