HousingHandbookReference data

U.S. ZIP Code · NM87113

Bernalillo County · Albuquerque, NM

Typical home value

$428,465[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+5.5%
10-year / yr
+5.9%

Relative price

vs U.S.
+50.8%
vs metro
+21.7%
vs state
+53.3%
ZIP 87113 location in NM
Location of ZIP 87113 in NM

Price history

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

The typical home in 87113 is worth $428,465 — 21.7% above the Albuquerque, NM median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $2,071 a month — a 5.8% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$2,071[2]
Gross yield
5.8%[2]
Cap rate
3.5%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$3,841[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
16,074[3]
Median household income
$95,922[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
1
Elementary
0
Middle
0
High
0
  • CORRALES INTERNATIONAL

    Other · Grades K–12 · ALBUQUERQUE

    255 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.

Gross yield5.8%
Net yield (after ~40% expenses)3.5%
Annual rent$24,849

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.

Monthly payment$2,167
Loan principal$342,772
Down payment$85,693
Total interest paid$437,187

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.

Own : rent ratio1.37
Monthly cost to own$2,845
Monthly rent$2,071

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
35th percentile[1]
Rental yield
74th percentile[2]
Property tax
89th percentile[3]

Frequently asked

How much is a home worth in ZIP code 87113?
The typical home in 87113 is worth $428,465, based on the Zillow Home Value Index.
Are home values rising in 87113?
Home values in 87113 are down 0.1% over the past year, and up 5.5% a year over five years.
What is the typical rent in 87113?
A typical home in 87113 rents for about $2,071 a month, a gross rental yield of 5.8%.
What is the property tax rate in 87113?
The effective property tax rate in 87113 is 0.9% — roughly $3,841 a year on a typical home.
Who lives in 87113?
ZIP code 87113 has a population of 16,074 and a median household income of $95,922.

#Comparable ZIPs

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

  • Bosque Farms, NM

    Typical home
    $424,772
    Gross yield
  • Albuquerque, NM

    Typical home
    $422,623
    Gross yield
    4.1%
  • Ponderosa Pine CDP, NM

    Typical home
    $445,436
    Gross yield
  • Peralta, NM

    Typical home
    $404,473
    Gross yield
  • San Felipe Pueblo CDP, NM

    Typical home
    $396,243
    Gross yield
  • Cedar Crest CDP, NM

    Typical home
    $461,170
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 87113 against any other ZIP — full side-by-side table.

Compare 87113

#Jump to section