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Paradise Hills, NM

Full City Profile · New Mexico · Bernalillo County County

3.3 /5.0
B Good
4,662 Population 4,571/sq mi density
$74,403 Median Income $37,219 per capita
$241,300 Home Value $685,558 Zillow
$1,256 Median Rent 26.8% income on rent
58°F Avg Temperature 330 sunny days/yr
106 Violent Crime/100K 1,321 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$74,403 median income, 3.2% unemployment
A+
Affordability
4.9 / 5.0
$241,300 home value, $1,256/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher

Housing Overview

Median Home Value
$241,300
14% below
US avg: $281,900
Median Rent
$1,256/mo
8% above
US avg: $1,163/mo
Homeownership Rate
74.6%
14% above US avg (65.4%)
Total Housing Units
2,019
Median year built: 1975

Home Value by Source

Census Median
$241,300
Zillow (ZHVI)
$685,558
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.6%
Owner-Occupied
25.4%
Renter-Occupied
75%
25%
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
Census median rent: $1,256/mo

Affordability & Housing Stock

Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
74.6%

Complete Housing Data

Home Values

Census Median Value$241,300
Zillow Home Value (ZHVI)$685,558

Rent

Census Median Rent$1,256
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-Occupied74.6%
Renter-Occupied25.4%
Homeownership Rate74.6%
Total Housing Units2,019
Median Year Built1975
Rent Burden26.8%