Real Estate Investing in Bernalillo County, New Mexico

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

19 ZIP codes • Population: 664,694

Should you buy in Bernalillo County, NM? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed β€” home prices are stretched relative to local incomes. Run the math on your specific situation.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Bernalillo County, NM?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $388,568
Avg Monthly Rent $1,478
ZIP Codes 19

Investing in Bernalillo County Real Estate

Bernalillo County (NM) covers 19 ZIPs and 4 municipalities. firmly the fundamentals here skew distressed, and both rent and price trends have been subdued across most of the geography.

Across Bernalillo's 19 ZIPs, the investment landscape runs underwhelming: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

The 0% renter share in Bernalillo masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

Real numbers from people who own or manage rentals in Bernalillo County, NM. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Bernalillo County, NM?

~25 seconds · no account needed · your report is anonymous

Property managers serving Bernalillo County

Manage rentals here? List your business →

Rhino Realty Property Management offers full-service property management and investment services for single-family homes, multifamily properties, condos, townhomes, and apartments in Albuquerque and R summary from their website

Single-familySmall multifamily
Unclaimed β€” is this your business? Claim it free

BottomLineManagement.com is a domain name available for sale. summary from their website

Unclaimed β€” is this your business? Claim it free

Deacon Property Services operates as a real estate agency. summary from their website

Unclaimed β€” is this your business? Claim it free

Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$388,568
Avg Monthly Rent
$1,478
1% Rule
βœ— Below
Landlord Friendly (NM)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Albuquerque, NM metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
0/2
40 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Bernalillo County

10 Colleges 43,945 Students 10,382 Off-Campus Renters
B
University of New Mexico-Main Campus
4-Year Public Β· 22,700 students
πŸ“ ~2,428 students rent off-campus
C+
A Better U Beauty Barber Academy
Vocational For-Profit Β· 52 students
C
Avenue Academy, A Cosmetology Institute
Vocational For-Profit Β· 97 students
C
Southwestern Indian Polytechnic Institute
2-Year Public Β· 233 students
C
Aveda Institute-New Mexico
Vocational For-Profit Β· 157 students
C
Paul Mitchell the School-Albuquerque
Vocational For-Profit Β· 113 students
C
Central New Mexico Community College
2-Year Public Β· 19,067 students
πŸ“ ~7,893 students rent off-campus
C
Carrington College-Albuquerque
2-Year For-Profit Β· 297 students
C
Brookline College-Albuquerque
4-Year For-Profit Β· 492 students
D
Pima Medical Institute-Albuquerque
2-Year For-Profit Β· 737 students

Investor Insight: With 10,382 students living off-campus, Bernalillo County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Bernalillo County

ZIP Codes in Bernalillo County, NM

87121 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 76,135
Avg Home $292,780
Avg Rent $1,671/mo
87114 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 70,064
Avg Home $378,535
Avg Rent $1,749/mo
87120 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 65,477
Avg Home $362,620
Avg Rent $1,690/mo
87111 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 57,219
Avg Home $424,959
Avg Rent $1,497/mo
87105 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 54,215
Avg Home $283,203
Avg Rent $1,294/mo
87123 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 43,515
Avg Home $345,121
Avg Rent $1,265/mo
87112 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 42,523
Avg Home $326,646
Avg Rent $1,378/mo
87110 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 40,142
Avg Home $323,877
Avg Rent $1,509/mo
87109 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 39,323
Avg Home $382,878
Avg Rent $1,375/mo
87108 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 35,985
Avg Home $286,967
Avg Rent $1,009/mo
87107 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 26,993
Avg Home $353,154
Avg Rent $1,187/mo
87106 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 26,815
Avg Home $371,173
Avg Rent $1,384/mo
87102 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 20,258
Avg Home $247,886
Avg Rent $1,130/mo
87122 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 18,776
Avg Home $760,017
Avg Rent $2,113/mo
87113 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 16,369
Avg Home $428,900
Avg Rent $2,039/mo
87104 β˜… β˜… β˜… β˜… β˜…
Albuquerque
Population 13,369
Avg Home $357,593
Avg Rent $1,508/mo
87059 β˜… β˜… β˜… β˜… β˜…
Tijeras
Population 10,012
Avg Home $450,368
Avg Rent $1,215/mo
87047 β˜… β˜… β˜… β˜… β˜…
Sandia Park
Population 5,166
Avg Home $538,833
Avg Rent $1,458/mo
87008 β˜… β˜… β˜… β˜… β˜…
Cedar Crest
Population 2,338
Avg Home $467,292
Avg Rent $1,602/mo

Screen every market in Bernalillo County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

View Plans

Frequently Asked Questions About Bernalillo County

How strong are rents in, NM?

Rents in, NM run near $1,478/mo. Compared with median home prices of $389K that produces solid gross yields for typical rentals.

Are home values higher in, NM than the rest of NM?

, NM comes in broadly in line with on the NM comparison. Specific drivers include $389K prices and $1,478/mo rents.

How quickly do rentals get leased in, NM?

, NM vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What type of investing works in, NM?

, NM investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($389K prices, $1,478/mo rents) make it a reasonable choice.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Bernalillo County, NM.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.