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Bernalillo County Housing Market

New Mexico · 33 counties · Ranked #2477 in home value

Below National Avg

Housing at a Glance

Median Home Value

$268,500

vs national$268,500 vs $281,900 national

Median Gross Rent

$1,087/mo

vs national$1,087 vs $1,163 national

Effective Tax Rate

0.95%

vs national0.95% vs 1.02% national

Median Household Income

$66,514

vs national$66,514 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$2,544

Tax as % of Home Value

0.95%

Monthly Owner Cost

$1,192

Renter Income

$42,308

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Frequently Asked Questions

What is the median home value in Bernalillo County?

The median home value in Bernalillo County is $268,500. This is below the national median of $281,900.

How much is rent in Bernalillo County?

The median gross rent in Bernalillo County is $1,087 per month.

What is the property tax rate in Bernalillo County?

The effective property tax rate in Bernalillo County is 0.95%. The median annual property tax bill is $2,544.

Is Bernalillo County affordable?

With a home-value-to-income ratio of 4x, Bernalillo County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.