FIPS 35001 · population 673,930 · part of Albuquerque, NM
The latest county-level Zillow ZORI is $1,488 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,009 | Bernalillo County, NM | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,185 | Bernalillo County, NM | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,464 | Bernalillo County, NM | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,036 | Bernalillo County, NM | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,399 | Bernalillo County, NM | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 35001. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
In Zillow’s 2026-06 county observation, median home value is $353,723 and median asking rent is $1,488, with a supplied 5.05% gross yield before expenses. The supplied Zillow annual price change is positive. That is a screening yield, not a cash-flow result. The separately dated 2025 FHFA repeat-transaction HPI rose 2.93%; it confirms direction but is an index rather than a home value and cannot be blended with Zillow into one growth rate. Operators able to validate property-level costs should investigate; buyers relying on rapid resale or thin expense buffers should be cautious.
Market rent is measured asking rent, whereas HUD’s two-bedroom FMR of $1,464 is a payment standard, not evidence of achievable rent; no yield is inferred from FMR. The provided effective property-tax rate is 0.90%, with median annual tax of $2,629, so gross yield must absorb taxes before insurance, repairs, management, vacancy, financing or flood mitigation. The record does not publish those costs, lease-up performance, rent distribution or submarket comparables; it therefore cannot establish net yield or property-level affordability.
Realtor.com MLS evidence shows 1,157 active listings, a measure of visible supply, and a 53-day median marketing time. Its price-reduced share signals seller concessions, while its listing prices remain asking prices—not closed sales or stand-alone proof of buyer demand. Tax-return migration recorded a net outflow of 801, and inbound movers reported lower average AGI than outbound movers. Meanwhile, 424 investor purchases out of 7,694 total purchases indicate some non-owner competition but not its bidding behavior. QCEW annual covered workplace jobs were nearly flat; education and health services is the largest disclosed private supersector, not the entire county economy.
Inland flood is the dominant hazard; the modeled annual climate-loss ratio is 0.10% of building value, not a parcel loss estimate. Address-level review should cover flood zone, insurance, deductible, drainage and replacement cost; operating insurance is not published. Obtain closed-sale and rent comps, tax bills, utility and repair histories, flood quotes, loan terms, vacancy and tenant-income evidence. These determine whether gross yield survives carrying costs and MLS conditions support an exit.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Across the selected direct-evidence ZIPs, Zillow’s June 2026 ZORI—a typical observed asking-rent index—runs from $1,019 to $1,736, a $717 spread. The selected-set median is $1,390, below the county ZORI of $1,488. This is a broad rather than tightly clustered distribution, so the decision question is not whether one ZIP-wide number defines a prospective unit. It is whether the live ask for a particular unit fits the renter’s budget and the applicable comparison framework. ZORI describes observed asking-rent conditions; it is not a guaranteed available rent, a lease transaction, or a property-specific quote.
Read the three rent measures alongside one another, not as a combined affordability score. HUD’s two-bedroom FMR is $1,464 across every shown ZIP and is an administrative standard. In 87108, the ZORI equals 69.6 percent of that standard, while 87114 reaches 118.6 percent; neither comparison identifies a unit’s bedroom count or contract rent. Separately, ACS 2024 five-year ZCTA median gross rents range from $872 to $1,435, versus $1,144 for the county. Those survey estimates have different timing and construction from current ZORI and are not HUD payment standards.
The ACS burden and vacancy measures produce a different screening lens. The share of renter households spending 30 percent or more of income on rent ranges from 37.6 percent to 58.4 percent across the selected ZCTAs. Vacancy ranges from 1.8 percent to 11.8 percent, compared with 5.7 percent for the county. ZIP 87112 is at the low-burden end, whereas 87106 combines the highest vacancy reading with high burden, illustrating why neither measure alone settles availability or affordability. A mechanical ZORI-based 30-percent income screen spans $40,760 to $69,440, while ACS median household income spans $42,724 to $90,290. The latter is not renter income or a household budget, and the observed patterns do not establish that vacancy causes burden or the reverse.
Coverage and geography limit how far this comparison can go. The display contains 12 of 15 eligible direct-ZORI ZIP/ZCTA matches and covers 90,432 renter households, so it is not a complete inventory of county rental options. County assignment follows the largest HUD residential-address share, while ZIPs can cross county lines. The ACS records attach to ZCTAs, whose boundaries can differ from the postal ZIP used for delivery; neither geography is an address-level property description. Before acting on a unit, verify its exact address and county assignment, bedroom count, live advertised rent and availability, utility and fee treatment, concessions, lease terms, and any program eligibility.
15 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 87108 | $1,019 | $872 | $1,464 | 55.0% | 10.3% | $41k | 100.0% |
| 87111 → | $1,525 | $1,435 | $1,464 | 46.6% | 3.9% | $61k | 100.0% |
| 87109 | $1,355 | $1,168 | $1,464 | 50.9% | 6.0% | $54k | 100.0% |
| 87114 → | $1,736 | $1,416 | $1,464 | 48.2% | 1.8% | $69k | 100.0% |
| 87106 | $1,425 | $936 | $1,464 | 56.7% | 11.8% | $57k | 100.0% |
| 87110 | $1,544 | $1,127 | $1,464 | 48.9% | 6.7% | $62k | 100.0% |
| 87112 | $1,349 | $1,121 | $1,464 | 37.6% | 4.6% | $54k | 100.0% |
| 87102 | $1,151 | $928 | $1,464 | 58.4% | 8.6% | $46k | 100.0% |
| 87123 | $1,351 | $1,086 | $1,464 | 46.1% | 6.0% | $54k | 100.0% |
| 87121 | $1,632 | $1,321 | $1,464 | 47.6% | 2.8% | $65k | 100.0% |
| 87120 | $1,641 | $1,429 | $1,464 | 53.3% | 4.3% | $66k | 100.0% |
| 87105 | $1,252 | $991 | $1,464 | 46.5% | 6.1% | $50k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 87113 rental reportBernalillo County | Albuquerque, NM | $2,042 | ▼ 1.0% | 30.5% | 16,074 |
| ZIP 87114 rental reportBernalillo County | Albuquerque, NM | $1,736 | ▼ 0.4% | 48.2% | 70,117 |
| ZIP 87120 rental reportBernalillo County | Albuquerque, NM | $1,641 | ▲ 0.0% | 53.3% | 66,097 |
| ZIP 87121 rental reportBernalillo County | Albuquerque, NM | $1,632 | ▲ 3.8% | 47.6% | 75,510 |
| ZIP 87110 rental reportBernalillo County | Albuquerque, NM | $1,544 | ▲ 2.1% | 48.9% | 39,685 |
| ZIP 87111 rental reportBernalillo County | Albuquerque, NM | $1,525 | ▲ 0.9% | 46.6% | 57,085 |
| ZIP 87106 rental reportBernalillo County | Albuquerque, NM | $1,425 | ▲ 4.3% | 56.7% | 26,953 |
| ZIP 87123 rental reportBernalillo County | Albuquerque, NM | $1,351 | ▲ 0.7% | 46.1% | 42,252 |
| ZIP 87112 rental reportBernalillo County | Albuquerque, NM | $1,349 | ▲ 2.5% | 37.6% | 44,250 |
| ZIP 87107 rental reportBernalillo County | Albuquerque, NM | $1,202 | ▲ 2.7% | 49.3% | 27,566 |
| ZIP 87108 rental reportBernalillo County | Albuquerque, NM | $1,019 | ▲ 3.6% | 55.0% | 36,331 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.105% of building value expected lost per year
$2,629 median annual bill
14,443 in · 15,244 out
$59,619 arriving · $69,189 leaving
424 of 7,694 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Bernalillo County | 673,930 | $354k | $1,488 | 5.1% | inland flooding |
| Sandoval County | 153,604 | $379k | $1,850 | 5.9% | inland flooding |
| Valencia County | 78,458 | $318k | $1,885 | 7.1% | inland flooding |
| Torrance County | 15,490 | $234k | n/a | n/a | inland flooding |
No. It is a two-bedroom payment standard, while the record separately publishes market asking rent and gross yield.
No. They describe MLS asking prices, active listings, marketing time and reductions, not closed sales.
Operating expenses, vacancy, insurance, financing, and property-level rent and sales comps are not published.