Los Ranchos de Albuquerque, NM Real Estate
According to census data in the year 2000 there were 2,089 housing units in Los Ranchos de Albuquerque.
This represents a 32.1% growth from 1,581 in 1990.
Of those housing units, 2,089 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Los Ranchos de Albuquerque is about 80%.
Los Ranchos de Albuquerque's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Los Ranchos de Albuquerque were built after 1970.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 7.10% |
| Two Bedrooms | 21.60% |
| Three Bedrooms | 40.40% |
| Four Bedrooms | 24.30% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $255,500 |
| Median Price asked for vacant units | $265,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $718 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 5.90% |
| Simple Mortgage | 50.90% |
| Debt Free | 33.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
