How much is a home worth in ZIP code 87102?

The typical home in 87102 is worth $249,740, based on the Zillow Home Value Index.

Are home values rising in 87102?

Home values in 87102 are up 0.1% over the past year, and up 7.4% a year over five years.

What is the typical rent in 87102?

A typical home in 87102 rents for about $1,105 a month, a gross rental yield of 5.3%.

What is the property tax rate in 87102?

The effective property tax rate in 87102 is 0.8% — roughly $2,016 a year on a typical home.

ZIP code 87102 has a population of 20,123 and a median household income of $42,990.

HousingHandbookReference data

…

U.S. ZIP Code · NM87102

Bernalillo County · Albuquerque, NM

Typical home value

$249,740^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.1%
5-year / yr: +7.4%
10-year / yr: +7.5%

Relative price

vs U.S.: -12.1%
vs metro: -29.1%
vs state: -10.7%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 87102 is worth $249,740 — 29.1% below the Albuquerque, NM median. Over the past year, values have risen 0.1%. Homes here rent for a typical $1,105 a month — a 5.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,105^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,016^[3]

#Climate risk

FEMA National Risk Index ratings for Bernalillo County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 20,123^[3]
Median household income: $42,990^[3]

#Migration

Household moves in and out of Bernalillo County over a year, from IRS tax-return data.

Net migration: -833^[5]
Moved in: 14,633
Moved out: 15,466

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 16
Elementary: 7
Middle: 2
High: 6

ALBUQUERQUE HIGH
High · Grades 9–12 · ALBUQUERQUE
1,683 students
SIEMBRA LEADERSHIP HIGH SCHOOL
High · Grades 9–12 · ALBUQUERQUE
359 students
ABQ CHARTER ACADEMY
High · Grades 9–12 · ALBUQUERQUE
348 students
EAST SAN JOSE ELEMENTARY
Elementary · Grades PK–5 · ALBUQUERQUE
335 students
DOLORES GONZALES ELEMENTARY
Elementary · Grades PK–5 · ALBUQUERQUE
313 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$13,264

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,263

Loan principal$199,792

Down payment$49,948

Total interest paid$254,824

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.48

Monthly cost to own$1,640

Monthly rent$1,105

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 91st percentile^[1]
Rental yield: 53rd percentile^[2]
Property tax: 65th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for best 5-year appreciation in NMView list →

Frequently asked

How much is a home worth in ZIP code 87102?: The typical home in 87102 is worth $249,740, based on the Zillow Home Value Index.
Are home values rising in 87102?: Home values in 87102 are up 0.1% over the past year, and up 7.4% a year over five years.
What is the typical rent in 87102?: A typical home in 87102 rents for about $1,105 a month, a gross rental yield of 5.3%.
What is the property tax rate in 87102?: The effective property tax rate in 87102 is 0.8% — roughly $2,016 a year on a typical home.
Who lives in 87102?: ZIP code 87102 has a population of 20,123 and a median household income of $42,990.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

87035 vs 87102 →
McIntosh CDP, NM
Typical home
$235,666
Gross yield
—
87002 vs 87102 →
Belen, NM
Typical home
$267,336
Gross yield
—
87013
Pueblo Pintado CDP, NM
Typical home
$232,007
Gross yield
—
87083
Cochiti Lake CDP, NM
Typical home
$279,568
Gross yield
—
87105
South Valley CDP, NM
Typical home
$280,731
Gross yield
5.9%
87041
Peña Blanca CDP, NM
Typical home
$282,172
Gross yield
—

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#Jump to section

U.S. ZIP Code · NM87102

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