Real Estate Investing in Albuquerque, New Mexico (87107)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87107 (Albuquerque, NM)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.5% vacancy may signal weakening demand.
What’s happening in Albuquerque, NM (87107)?
Click any question — our AI will research it live from the web and show you sources.
Local Pulse Report
AI-researched developments and news for Albuquerque, NM (87107). Updated on demand as visitors ask.
Local news & events in Albuquerque, NM (87107) Updated 95 days ago
Opportunities
- Albuquerque Police Department data shows a major reduction in all crime categories between January-September 2024 and 2025, with auto theft down 40%. — Reduced crime rates enhance personal safety and protect property, expanding residents' freedom and security. Police1
- Violent crime in Albuquerque was down 26% and property crime down 34% in 2025 compared to 2024, with homicides down 34%. — Decreased violent and property crime improves community well-being and reduces financial burdens on residents. KRQE News 13
- Albuquerque recorded a 9-year low of 65 department-investigated homicides in 2025, with a 55% clearance rate for those cases. — Lower homicide rates and higher clearance rates increase public safety and trust in law enforcement. KRQE News 13
- Albuquerque communities secured a new Health, Environment, and Equity Impacts Rule (HEEI Rule) in May 2025 to protect against cumulative air pollution impacts. — This rule aims to improve public health and environmental quality, particularly for historically marginalized communities. NRDC
- The median home sale price in 87107 increased by 42.2% to $466K over the three months ending April 2026 compared to the same period last year. — Increased home values can build equity for homeowners, expanding their financial choices and opportunities. Redfin
Concerns
- A May 2026 report ranked the Albuquerque-Santa Fe metro area 19th worst in the nation for high ozone days, with Bernalillo County averaging 12 high ozone days between 2022-2024. — Poor air quality, particularly high ozone, poses significant health risks like asthma attacks and heart problems, imposing health costs. KOB 4
- A February 2026 report highlighted resident frustration in a northwest Albuquerque neighborhood due to abandoned homes, cleanliness issues, and unfamiliar individuals. — Deteriorating neighborhood conditions and perceived lack of safety can reduce quality of life and property values for residents. KOB 4
- An April 2024 city survey revealed 61% of Albuquerque residents feel the city is unresponsive to their concerns, and 63% are concerned about the city's direction. — A perception of unresponsiveness from city leaders can lead to decreased civic engagement and a feeling of disempowerment among residents. Albuquerque Journal
- In the April 2024 city survey, 56% of residents disagreed that APD is doing a good job addressing violent crime, and 60% disapproved of efforts against property crimes. — Lack of confidence in law enforcement to address crime can diminish residents' sense of security and increase perceived risk. Albuquerque Journal
- Bernalillo County has experienced drought conditions for 83% of weeks since 2000, with high heat and wildfire risks projected to increase by 2050. — Increased environmental hazards like drought, heat, and wildfire can lead to resource scarcity, property damage, and health issues, imposing costs. ClimateCheck
Schools in Albuquerque, NM (87107) Updated 95 days ago
Opportunities
- In November 2025, voters approved a $350 million General Obligation Bond for Albuquerque Public Schools with 75% support, without increasing property taxes. — This bond provides substantial funding for infrastructure, new construction, and security enhancements across the district. Government Market News
- The bond will fund a new career technical education student training facility and a new special needs education facility. — These new facilities expand specialized educational opportunities for students. Government Market News
- The bond includes converting 20 schools from evaporative coolers to refrigerated air and completing projects at 13 schools. — These upgrades improve learning environments and comfort for students and staff. Government Market News
- APS is launching "Academies of Albuquerque" at two high schools in Fall 2025, allowing freshmen to choose career paths. — This program offers students early career focus, paid internships, and industry certifications, enhancing post-secondary readiness. KRQE News 13
- APS adopted a "Culture of Care" initiative in dozens of schools, focusing on student-engaged problem-solving and empathy. — This voluntary program aims to improve student behavior and classroom conflict resolution through group discussions. KRQE News 13
Concerns
- Albuquerque Public Schools' enrollment declined by 13% from 2018 to 2022, with a projected drop from 85,336 students in 2016 to 64,995 in 2025. — Declining enrollment can lead to school closures and reduced state funding, potentially impacting program offerings. New Mexico Education
- In 2022, only 26% of APS students were proficient in math and 36% in reading, with significant disparities for students of color and those with disabilities. — Low proficiency rates indicate a need for improved academic outcomes and equitable educational support. New Mexico Education
- APS closed La Luz and Duranes elementary schools, with Duranes being repurposed into an early childhood center. — School closures can disrupt communities and displace students, requiring re-enrollment at other facilities. New Mexico Education
- Over 40% of APS students were chronically absent in 2022, with elementary schools and students of color showing higher rates. — High chronic absenteeism negatively impacts student learning and academic progress. New Mexico Education
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
Here's what matters if you're considering buying a home in Albuquerque:
Property Strategy for 87107
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $215,673 | $1,000 | 3.3% | +8.7% | $215,673 |
| 2BR | $259,992 | $1,230 | 3.4% | +9.2% | $129,996 |
| 3BR | $375,747 | $1,710 | 3.3% | +8.0% | $125,249 |
| 4BR | $580,001 | $2,020 | 2.5% | +7.5% | $145,000 |
| 5BR | $1,001,410 | — | — | +8.2% | $200,282 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 87107 Compare?
| Metric | 87107 | Albuquerque | Albuquerque, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $353,154 | $141,103 | N/A | $308,799 |
| 5-Year CAGR | 6.1% | 5.9% | N/A | 7.3% |
| Avg Rent | $1,187 | $1,488 | N/A | - |
| Cap Rate | 2.6% | 3.2% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87107 (Albuquerque, NM). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 87107 (Albuquerque, 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
BottomLineManagement.com is a domain name available for sale. summary from their website
Deacon Property Services operates as a real estate agency. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $353,154 |
| Monthly Rent | $1,187 |
| Price-to-Rent | 24.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.0% |
| Cap Rate | 2.6% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.1% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +7.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 87107
Population: 26,993
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 87107
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 10,382 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Albuquerque, NM a good investment right now?
Albuquerque, NM scores 3.0/5 for investability. Home values sit at $353K and rents near $1,187/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How should investors approach Albuquerque, NM?
In Albuquerque, NM the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $353K prices and $1,187/mo rents suits that approach.
Is Albuquerque, NM suited for a house hack?
For house hackers, Albuquerque, NM is a challenging. The $1,187/mo rent on a unit helps defray the mortgage on a $353K property.
Is housing expensive in Albuquerque, NM?
Albuquerque, NM median home values land near $353K. That is reasonable territory for investors looking at $1,187/mo-per-month rentals.
What do landlords charge for rent in Albuquerque, NM?
Expect rents around $1,187/mo per month in Albuquerque, NM. With home values at $353K, the yield math works out to reasonable levels for rental investors.
You know 87107 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 87107 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 87107 ranks in Albuquerque, NM
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 87107 (Albuquerque)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 87107 (Albuquerque, NM).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.