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City · 5,857 residents · Bernalillo County, New Mexico

Los Ranchos de Albuquerque , New Mexico

In Los Ranchos de Albuquerque, a typical home is worth $492,400 and typical rent is $1,061 a month. Compared with all of Bernalillo County, the typical home value is 68% higher, typical rent is 7% lower, and the share of households that own their home is 16 points higher.

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  • Typical home value

    $492,400

    68% above the county

    98% above New Mexico

    • Los Ranchos de Albuquerque
    • Bernalillo
    • New Mexico

  • Typical rent

    $1,061a month

    7% below the county

    About the same as New Mexico

    • Los Ranchos de Albuquerque
    • Bernalillo
    • New Mexico

  • Typical household income

    $72,992a year

    5% above the county

    14% above New Mexico

    • Los Ranchos de Albuquerque
    • Bernalillo
    • New Mexico

  • Households that own their home

    80%

    16 points above the county

    10 points above New Mexico

    • Los Ranchos de Albuquerque
    • Bernalillo
    • New Mexico

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$713,634
4.3% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Los Ranchos de Albuquerque is in Bernalillo County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Bernalillo County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Los Ranchos de Albuquerque apart

What this place has that others do not, from public data, most unusual first.

  1. Los Ranchos de Albuquerque has the largest share of rent-burdened renters of the 37 cities in New Mexico with more than 5,000 people: 81%.

  2. The typical home in Los Ranchos de Albuquerque is worth $492,400, 68% more than in Bernalillo County as a whole ($292,900).

  3. Nearby, in South Valley, the typical home value is $224,300: 54% less than in Los Ranchos de Albuquerque ($492,400).

  4. 80% of households in Los Ranchos de Albuquerque own their home, against 65% in Bernalillo County.

  5. Nearby, in North Valley, the typical rent is $893: 16% less than in Los Ranchos de Albuquerque ($1,061).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Los Ranchos de Albuquerque

What homes there are in Los Ranchos de Albuquerque, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 81% of homes here, against 64% in Bernalillo County.

Year built

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,340 a month

Bernalillo County: $1,615 a month

Without a mortgage

$663 a month

Bernalillo County: $538 a month

Owners with a mortgage

60%

Bernalillo County: 63%

The typical cost for an owner with a mortgage in Los Ranchos de Albuquerque is $2,340 a month, more than in Bernalillo County ($1,615); without one, $663.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Since 2015–2019, home values in Los Ranchos de Albuquerque moved so little that the Census cannot say whether they rose or fell.

Since 2015–2019, the typical rent in Los Ranchos de Albuquerque rose 40%, more than in Bernalillo County (31%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLos Ranchos de AlbuquerqueBernalillo CountyNew MexicoUnited States
Rental vacancy Unreliable estimate5.6%5.9%5.5%
Homeowner vacancy Unreliable estimate0.7%1.0%0.9%
More than one person per room Unreliable estimate2.7%3.3%3.4%
People per household 2.392.322.482.53
Drive alone 72%71%74%69%
Carpool Unreliable estimate10%10%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate3%2%3%
Work from home 23%15%12%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes10 to 19 minutes20 to 29 minutes

Much as in Bernalillo County, a household in Los Ranchos de Albuquerque has 2.39 people on average.

In Los Ranchos de Albuquerque, 23% of workers work from home, more than in Bernalillo County (15%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Los Ranchos de Albuquerque?

A typical home costs more than the typical income allows

We start with a typical home in Los Ranchos de Albuquerque, worth $492,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 66% of the typical household income in Los Ranchos de Albuquerque, which is $72,992 a year. For that payment to be 28% of income, a household would need to earn about $171,860 a year.

The calculator's FHA and conventional loan limits are those of all of Bernalillo County.

Your numbers

Local data
$

Starts at the typical home value in Los Ranchos de Albuquerque. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $17,234 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,010

at 7.18% · 30 years

Loan amount
$483,481
Total interest
$695,616
Paid off in
November 2056

Includes $8,315 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,703 a month

  • Tight

    $1,703 to $2,190 a month

  • Hard

    more than $2,190 a month

    Your payment · 66%

Compared with the typical household income in Los Ranchos de Albuquerque ($72,992 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,010
Principal & interest$3,275
Property tax$312
Home insurance$205
FHA mortgage insurance (MIP)$218

You need at least $17,234 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Los Ranchos de Albuquerque and Bernalillo County

Los Ranchos de Albuquerque is in Bernalillo County, New Mexico. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Los Ranchos de Albuquerque's own numbers

Typical home value
$492,400
Typical monthly rent
$1,061
Typical yearly household income
$72,992
Households that own their home
80%
Effective property tax rate
0.76%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Bernalillo County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,384
Price change over 5 years (FHFA)
+53%
Homes in a high flood-risk zone
0.9%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Bernalillo County.

Everything about Bernalillo County

Buying

Buying a home in Los Ranchos de Albuquerque

A typical home in Los Ranchos de Albuquerque is worth $492,400: 68% above the county and 98% above New Mexico. With the typical household income in Los Ranchos de Albuquerque ($72,992 a year), a typical home costs 6.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Los Ranchos de Albuquerque 6.7 years
  • Bernalillo 4.2 years
  • New Mexico 3.9 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Bernalillo County

According to FHFA’s house price index, home prices in Bernalillo County rose 86% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Bernalillo County.

Period County New Mexico U.S.
Last year (2025) +2.9% +3.1% +2.9%
5 years (2020–2025) +53% +50% +47%
10 years (2015–2025) +86% +82% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Los Ranchos de Albuquerque next to Bernalillo County, New Mexico and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Los Ranchos de Albuquerque $492,400
  • Bernalillo $292,900
  • New Mexico $248,100
  • United States $332,700
Typical monthly rent
  • Los Ranchos de Albuquerque $1,061
  • Bernalillo $1,144
  • New Mexico $1,067
  • United States $1,413
Typical yearly household income
  • Los Ranchos de Albuquerque $72,992
  • Bernalillo $69,473
  • New Mexico $64,059
  • United States $80,734
See the full table
Los Ranchos de Albuquerque next to Bernalillo County and New Mexico
Measure Los Ranchos de Albuquerque Bernalillo County New Mexico U.S.
Typical home value $492,400 $292,900 $248,100 $332,700
Typical monthly rent $1,061 $1,144 $1,067 $1,413
Typical yearly household income $72,992 $69,473 $64,059 $80,734
Households that own their home 80% 65% 70% 65%
Typical yearly property tax $3,732 $2,629 $1,731 $3,119
Effective property tax rate 0.76% 0.9% 0.7% 0.94%
Renters with high rent for their income 81% 52% 50% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Bernalillo County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Los Ranchos de Albuquerque

For a typical $492,400 home in Los Ranchos de Albuquerque, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Los Ranchos de Albuquerque's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,010a month

    Least cash to close
    Down payment
    $17,234
    Cash to close
    $32,006
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $218

  • Conventional, 5% down $3,920a month

    Down payment
    $24,620
    Cash to close
    $39,392
    Rate
    7.18%
    Mortgage insurance
    PMI · $234

  • Conventional, 20% down, no PMI $3,186a month

    Down payment
    $98,480
    Cash to close
    $113,252
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,641a month

    Down payment
    $73,860
    Cash to close
    $88,632
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Los Ranchos de Albuquerque and for Bernalillo County.

Property tax

Effective rate in Los Ranchos de Albuquerque

0.76%of the home’s value each year

$3,732 a year for the typical owner in Los Ranchos de Albuquerque.

  • Los Ranchos de Albuquerque 0.76%
  • Bernalillo 0.9%
  • New Mexico 0.7%

What New Mexico publishes 3 percent cap on the yearly increase in your home's taxable value (New Mexico Legislative Finance Committee ("Property Taxes in New Mexico" brief))

Exemptions and deadlines in New Mexico

Flood risk in Bernalillo County

FEMA does not publish these numbers by city: they are for all of Bernalillo County.

Homes in the high-risk zone
0.9%
2,123
Of those, with NFIP insurance
29%
County New Mexico U.S.
Homes in the high-risk zone 0.9% 5.7% 3.5%
Of those, with NFIP insurance 29% 16% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Los Ranchos de Albuquerque

Typical rent in Los Ranchos de Albuquerque is $1,061 a month: 7% below the county. In Los Ranchos de Albuquerque, 81% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Bernalillo County, by unit size. To pay the 2-bedroom one ($1,384 a month) without spending more than 30% of your income, you would need to earn $26.62 an hour working full time.

HUD fair market rent for all of Bernalillo County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $977 $18.79 $39,080
1 bedroom $1,112 $21.38 $44,480
2 bedrooms $1,384 $26.62 $55,360
3 bedrooms $1,902 $36.58 $76,080
4 bedrooms $2,242 $43.12 $89,680

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Los Ranchos de Albuquerque

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Los Ranchos de Albuquerque has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,320 in 87107 to $1,560 in 87114.

1 of the 2 is above the fair market rent for Bernalillo County ($1,384).

  • 87107 $1,320$1,840
  • 87114 $1,560$2,140

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Los Ranchos de Albuquerque when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Los Ranchos de Albuquerque

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 4 HUD-approved agencies with an office in Bernalillo County; 1 says it serves in Spanish.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Los Ranchos de Albuquerque

No down payment, repair or rent-help program on our list is for Los Ranchos de Albuquerque or Bernalillo County. The ones below are statewide in New Mexico: they work in Los Ranchos de Albuquerque the same as in the rest of the state.

Which programs do I qualify for? All programs in New Mexico

  • FirstDown

    Statewide in New Mexico

    New Mexico state agency fixed-rate second mortgage for the down payment and closing costs of first-time buyers, together with the FirstHome mortgage. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Repayable

    See the program Official page

  • HomeNow

    Statewide in New Mexico

    New Mexico state agency fixed $7,000 second mortgage for the down payment and closing costs of low-income first-time buyers; no monthly payments and forgivable after 10 years. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Forgivable

    See the program Official page

  • FirstDown Plus

    Statewide in New Mexico

    New Mexico state agency fixed $10,000 third loan at 0%, for the down payment only, added to FirstDown or HomeNow; repaid in monthly installments over 15 years. Offered by Housing New Mexico (New Mexico Mortgage Finance Authority, MFA).

    Repayable

    See the program Official page

Housing counselors near Los Ranchos de Albuquerque

The HUD-approved agencies closest to the center of Los Ranchos de Albuquerque, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Southwest Neighborhood Housing Services, Inc.

    6301 4th St NW Ste 5, Los Ranchos · 1 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (505) 243-5511

  • Homewise, Inc.

    500 2nd St. SW, Albuquerque · 6 miles away · Spanish

    Also serves in American Sign Language (ASL).

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    (505) 243-6566

  • United South Broadway Corporation

    1500 Walter St SE, Albuquerque · 6 miles away

    • Mortgage delinquency and default
    (505) 764-8867

Every agency in Bernalillo County All counseling agencies in New Mexico

Help in Spanish near Los Ranchos de Albuquerque

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Los Ranchos de Albuquerque

HUD’s record names them for Los Ranchos de Albuquerque or Bernalillo County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Bernalillo County Housing Department Public housing and Section 8 vouchers (505) 314-0200

One other authority has an office in Bernalillo County: see the list Source: HUD

Cities

Other cities in Bernalillo County

These cities are also in Bernalillo County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Bernalillo County Housing in New Mexico

Nearby cities

The cities closest to Los Ranchos de Albuquerque, with the typical home value.

Neighboring counties

If Bernalillo County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Los Ranchos de Albuquerque.

All guides
A father and mother walk their son by the hand down the sidewalk.

Questions

Housing questions about Los Ranchos de Albuquerque

Short answers with the numbers for Los Ranchos de Albuquerque and all of Bernalillo County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Los Ranchos de Albuquerque?

The typical home value in Los Ranchos de Albuquerque is $492,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Bernalillo County it is $292,900.

How much does it cost to rent in Los Ranchos de Albuquerque?

Typical rent in Los Ranchos de Albuquerque is $1,061 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Bernalillo County is $1,384.

What is the FHA loan limit in Los Ranchos de Albuquerque?

Los Ranchos de Albuquerque uses the FHA limit for all of Bernalillo County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Los Ranchos de Albuquerque?

The typical homeowner in Los Ranchos de Albuquerque pays $3,732 a year, according to the U.S. Census Bureau. That is 0.76% of the home’s value; in Bernalillo County, the rate is 0.9%.

Where can I find free help to buy or rent in Los Ranchos de Albuquerque?

There are 4 HUD-approved counseling agencies with an office in Bernalillo County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).