Algodones, NM

Full City Profile · New Mexico · Bernalillo County County

3.6 /5.0
B+ Good
1,198 Population 164/sq mi density
$63,750 Median Income $52,675 per capita
$236,500 Home Value $382,339 Zillow
56°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$63,750 median income, 7.0% unemployment
A+
Affordability
4.6 / 5.0
$236,500 home value, /mo rent
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher

Housing Overview

Median Home Value
$236,500
16% below
US avg: $281,900
Homeownership Rate
84.5%
29% above US avg (65.4%)
Total Housing Units
536
Median year built: 1982

Home Value by Source

Census Median
$236,500
Zillow (ZHVI)
$382,339
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

84.5%
Owner-Occupied
15.5%
Renter-Occupied
85%
16%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo

Affordability & Housing Stock

Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
84.5%

Complete Housing Data

Home Values

Census Median Value$236,500
Zillow Home Value (ZHVI)$382,339

Rent

FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Ownership & Stock

Owner-Occupied84.5%
Renter-Occupied15.5%
Homeownership Rate84.5%
Total Housing Units536
Median Year Built1982
Rent Burden31.5%