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

Bernalillo, NM has a median modeled monthly cash flow of $-1,160 and a median cap rate of 3.1%, on a median sold price of $398,500. Prices changed -2.7% year over year.

What is the average cap rate in Bernalillo, NM?

The median cap rate across recently sold homes in Bernalillo, NM is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bernalillo, NM?

The median sold price in Bernalillo, NM is $398,500 (about $213 per square foot).

Investing in Bernalillo, NM Real Estate

A data-driven snapshot of the Bernalillo, 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.

$398,500Median sold price

$213Median $/sqft

3.1%Median cap rate

$-1,160Modeled cash flow / mo

-2.7%Appreciation YoY

13.5Months of supply

92Active listings

82Sold (last 12 mo)

What the Bernalillo numbers say

In Bernalillo, NM, the median home sold for $398,500 (about $213 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-1,160 of monthly cash flow. Sold prices moved -2.7% over the past year. Inventory sits at about 13.5 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.

Other New Mexico markets to compare

See Bernalillo cash-flowing listings

CashFlowRE ranks every for-sale home in Bernalillo, 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 Bernalillo deals, or browse the national market data.