Farmington vs Albuquerque: Housing
| Farmington | Albuquerque | |
|---|---|---|
| Median Home Value | $233,000 | $291,500 |
| Median Gross Rent | $1,037/mo | $1,145/mo |
| Homeownership Rate | 66.2% | 61.8% |
| Rent as Share of Income | 18.1% | 20.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.