RentYield Atlas

ZIP 87104 — Albuquerque, NM: rental yield & market data

Gross rental yield of 5.66% — ranked #20 of 40 New Mexico ZIP codes. June 2026 data.

Gross rental yield
5.66%
Home value
$360,365
Market rent / mo
$1,699
Price-to-rent
17.7

Trend

Metric1-year change5-year change
Home value+0.6% +27.7%
Market rent+5.7%

Metro: Albuquerque, NM · County: Bernalillo County · Annual rent: $20,388

Comparable ZIP codes in New Mexico

Similar home values, sorted by yield — the cheapest way to see if 87104 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
87144Rio RanchoNM$377,525$2,1246.75%14.8+0.7%
87124Rio RanchoNM$354,514$1,6845.70%17.5+0.1%
87114AlbuquerqueNM$380,793$1,7365.47%18.3+0.9%
87120AlbuquerqueNM$363,606$1,6415.41%18.5+1.3%
88011Las CrucesNM$357,949$1,4734.94%20.3-0.2%
87123AlbuquerqueNM$346,353$1,3514.68%21.4+1.1%
87106AlbuquerqueNM$375,426$1,4254.55%22.0-0.3%
87107AlbuquerqueNM$355,979$1,2024.05%24.7+1.1%

Top rental yields in all of New Mexico →

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