Is Albuquerque, NM a good place to invest in rental property?

Albuquerque, NM has a median modeled monthly cash flow of $-755 and a median cap rate of 3.8%, on a median sold price of $359,000. Prices changed +1.4% year over year.

What is the average cap rate in Albuquerque, NM?

The median cap rate across recently sold homes in Albuquerque, NM is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Albuquerque, NM?

The median sold price in Albuquerque, NM is $359,000 (about $215 per square foot).

Investing in Albuquerque, NM Real Estate

A data-driven snapshot of the Albuquerque, NM rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$359,000Median sold price

$215Median $/sqft

3.8%Median cap rate

$-755Modeled cash flow / mo

+1.4%Appreciation YoY

8.2Months of supply

3,727Active listings

5,484Sold (last 12 mo)

What the Albuquerque numbers say

In Albuquerque, NM, the median home sold for $359,000 (about $215 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-755 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 8.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 17 fix-and-flip deals in Albuquerque — listings where the estimated after-repair value beats list price + rehab.

Other New Mexico markets to compare

See Albuquerque cash-flowing listings

CashFlowRE ranks every for-sale home in Albuquerque, NM by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Albuquerque deals, or browse the national market data.