Real Estate Investing in Albuquerque, New Mexico (87112)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87112 (Albuquerque, NM)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Albuquerque, NM (87112)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 87112 Albuquerque
From a cash-flow lens, ZIP 87112 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $327K median. It rewards specialists, not generalists.
Put differently, the numbers look inviting — $327K purchase price, 0.0% nominal cap — the work to hit that pro forma in 87112 is substantial and deserves full respect.
Regionally, 87112 sits on the difficult end of the NM spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 87112 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 87112 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Albuquerque:
Property Strategy for 87112
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $259,838 | $1,420 | 3.9% | +9.5% | $129,919 |
| 3BR | $313,300 | $1,970 | 4.5% | +8.3% | $104,433 |
| 4BR | $389,370 | $2,330 | 4.3% | +7.2% | $97,343 |
| 5BR | $463,130 | — | — | +6.8% | $92,626 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 87112 Compare?
| Metric | 87112 | Albuquerque | Albuquerque, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $326,646 | $141,103 | N/A | $308,799 |
| 5-Year CAGR | 6.4% | 5.9% | N/A | 7.3% |
| Avg Rent | $1,378 | $1,488 | N/A | - |
| Cap Rate | 3.3% | 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 87112 (Albuquerque, NM). Anonymous, moderated, never written by AI.
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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 | $326,646 |
| Monthly Rent | $1,378 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 Rent Trends
| 1-Year | +1.4% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +5.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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 87112
Population: 42,523
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 87112
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 10,321 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Albuquerque, NM stack up for property investment?
Yes - Albuquerque, NM a 3.0/5 investability score. With $327K home prices against $1,378/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are there empty rentals in Albuquerque, NM?
Vacancy in Albuquerque, NM is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,378/mo.
Which real estate strategy fits Albuquerque, NM?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Albuquerque, NM. The numbers - $327K homes against $1,378/mo rents - support that play.
Does a duplex house hack pencil in Albuquerque, NM?
For house hackers, Albuquerque, NM is a challenging. The $1,378/mo rent on a unit helps defray the mortgage on a $327K property.
Are renters plentiful in Albuquerque, NM?
Working renters make up the core of the Albuquerque, NM tenant base. The pool is reasonable for investors targeting long-term holds.
You know 87112 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 87112 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 87112 ranks in Albuquerque, NM
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