Gross rental yield of 4.68% — ranked #32 of 40 New Mexico ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.1% | +32.0% |
| Market rent | +0.7% | +30.4% |
Metro: Albuquerque, NM · County: Bernalillo County · Annual rent: $16,212
Similar home values, sorted by yield — the cheapest way to see if 87123 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 87031 | Los Lunas | NM | $327,510 | $2,025 | 7.42% | 13.5 | +2.8% |
| 87124 | Rio Rancho | NM | $354,514 | $1,684 | 5.70% | 17.5 | +0.1% |
| 87104 | Albuquerque | NM | $360,365 | $1,699 | 5.66% | 17.7 | +0.6% |
| 87120 | Albuquerque | NM | $363,606 | $1,641 | 5.41% | 18.5 | +1.3% |
| 88011 | Las Cruces | NM | $357,949 | $1,473 | 4.94% | 20.3 | -0.2% |
| 87112 | Albuquerque | NM | $328,246 | $1,349 | 4.93% | 20.3 | +0.9% |
| 87107 | Albuquerque | NM | $355,979 | $1,202 | 4.05% | 24.7 | +1.1% |
| 87402 | Farmington | NM | $334,610 | $1,100 | 3.94% | 25.3 | +6.3% |
Top rental yields in all of New Mexico →
Screening more than one ZIP? Get every New Mexico ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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