Most Affordable ZIP Codes in Albuquerque, NM (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 87035 Moriarty, NM $237,190 $1,323 4.35% 1.6%
2 87013 Cuba, NM $241,540 $1,287 4.16% 3.6%
3 87102 Albuquerque, NM $247,886 $1,130 3.56% 6.9%
4 87002 Belen, NM $269,869 $1,100 3.18% 6.4%
5 87083 Cochiti Lake, NM $273,948 $1,719 4.89% 5.3%
6 87105 Albuquerque, NM $283,203 $1,294 3.57% 7.3%
7 87108 Albuquerque, NM $286,967 $1,009 2.74% 5.9%
8 87121 Albuquerque, NM $292,780 $1,671 4.45% 7.2%
9 87110 Albuquerque, NM $323,877 $1,509 3.63% 6.2%
10 87112 Albuquerque, NM $326,646 $1,378 3.29% 6.4%
11 87031 Los Lunas, NM $332,062 $2,015 4.73% 5.9%
12 87123 Albuquerque, NM $345,121 $1,265 2.86% 6.0%
13 87004 Bernalillo, NM $346,947 $1,233 2.77% 5.1%
14 87025 Jemez Springs, NM $348,816 $1,494 3.34% 4.7%
15 87124 Rio Rancho, NM $351,939 $1,692 3.75% 5.9%
16 87107 Albuquerque, NM $353,154 $1,187 2.62% 6.1%
17 87104 Albuquerque, NM $357,593 $1,508 3.29% 5.3%
18 87120 Albuquerque, NM $362,620 $1,690 3.64% 5.9%
19 87106 Albuquerque, NM $371,173 $1,384 2.91% 4.7%
20 87144 Rio Rancho, NM $377,019 $2,187 4.53% 5.9%
21 87114 Albuquerque, NM $378,535 $1,749 3.60% 5.5%
22 87109 Albuquerque, NM $382,878 $1,375 2.80% 5.4%
23 87042 Los Lunas, NM $407,838 $1,215 2.32% 4.9%
24 87111 Albuquerque, NM $424,959 $1,497 2.75% 5.3%
25 87068 Bosque Farms, NM $426,402 $1,080 1.98% 6.0%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Albuquerque, NM  ·  Appreciation in Albuquerque, NM

Or see the full Albuquerque, NM metro profile.