The 10 Cheapest Albuquerque, NM Neighborhoods To Live In For 2024


The cheapest Albuquerque neighborhoods are Tijeras Arroyo and South Los Altos for 2024 based on Saturday Night Science.

By: Chris Kolmar | About HomeSnacks
Last Updated: January 27, 2024
Worst Neighborhoods In Albuquerque
Source: Wikipedia User John Phelan | CC BY 3.0

Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.

I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.

And while every neighbhorhood in Albuquerque might be more expensive than living in rural New Mexico, there are certain neighborhoods that are definitely cheaper.

What exactly are those Albuquerque neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?

Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Albuquerque are the cheapest using Saturday Night Science.

The Cheapest Neighborhoods In Albuquerque For 2024

  1. Tijeras Arroyo
  2. South Los Altos
  3. Yale Village
  4. Kirtland Community
  5. North Eastern
  6. Encanto Village
  7. Jeanne Bellamah East
  8. Alta Monte
  9. Victory Hills
  10. Paloma Del Sol

What’s the cheapest neighborhood to live in Albuquerque for 2024? According to the most recent census data, Tijeras Arroyo looks to be the cheapest Albuquerque neighborhood to live in.

At this point, we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Albuquerque. You could be sacrificing location or crime rates for more space and cheaper groceries.

Read on to see how we determined the places around Albuquerque that deserve a little bragging rights, or maybe you’re interested in the worst neighborhoods in Albuquerque.

For more New Mexico reading, check out:

Table Of Contents: Top Ten | Methodology | Summary | Table

The 10 Cheapest Neighborhoods To Live In Albuquerque For 2024

1. Tijeras Arroyo

Overall SnackAbility

8
/10

Population: 4,026
Cost Of Living Index: 89 (28th cheapest)
Home Value To Income Ratio: 2.2 (8th cheapest)
Rent To Income Ratio: 0.011 (20th cheapest)
More on Tijeras Arroyo: Data | Real Estate

2. South Los Altos

Overall SnackAbility

6
/10

Population: 3,620
Cost Of Living Index: 84 (8th cheapest)
Home Value To Income Ratio: 2.3 (12th cheapest)
Rent To Income Ratio: 0.014 (40th cheapest)
More on South Los Altos: Data | Real Estate

3. Yale Village

Overall SnackAbility

3
/10

Population: 35
Cost Of Living Index: 86 (14th cheapest)
Home Value To Income Ratio: 2.8 (44th cheapest)
Rent To Income Ratio: 0.011 (16th cheapest)
More on Yale Village: Data | Real Estate

4. Kirtland Community

Overall SnackAbility

4
/10

Population: 106
Cost Of Living Index: 88 (22nd cheapest)
Home Value To Income Ratio: 2.8 (44th cheapest)
Rent To Income Ratio: 0.011 (16th cheapest)
More on Kirtland Community: Data | Real Estate

5. North Eastern

Overall SnackAbility

7
/10

Population: 3,133
Cost Of Living Index: 89 (28th cheapest)
Home Value To Income Ratio: 2.8 (43rd cheapest)
Rent To Income Ratio: 0.01 (13th cheapest)
More on North Eastern: Data | Real Estate

6. Encanto Village

Overall SnackAbility

4
/10

Population: 195
Cost Of Living Index: 91 (44th cheapest)
Home Value To Income Ratio: 3.1 (68th cheapest)
Rent To Income Ratio: 0.0 (2nd cheapest)
More on Encanto Village: Data | Real Estate

7. Jeanne Bellamah East

Overall SnackAbility

8
/10

Population: 1,395
Cost Of Living Index: 94 (70th cheapest)
Home Value To Income Ratio: 1.9 (6th cheapest)
Rent To Income Ratio: 0.013 (38th cheapest)
More on Jeanne Bellamah East: Data | Real Estate

8. Alta Monte

Overall SnackAbility

3
/10

Population: 1,814
Cost Of Living Index: 74 (2nd cheapest)
Home Value To Income Ratio: 0.3 (cheapest)
Rent To Income Ratio: 0.019 (124th cheapest)
More on Alta Monte: Data | Real Estate

9. Victory Hills

Overall SnackAbility

6
/10

Population: 3,956
Cost Of Living Index: 94 (70th cheapest)
Home Value To Income Ratio: 2.6 (3cheapest)
Rent To Income Ratio: 0.012 (26th cheapest)
More on Victory Hills: Data | Real Estate

10. Paloma Del Sol

Overall SnackAbility

8.5
/10

Population: 190
Cost Of Living Index: 99 (106th cheapest)
Home Value To Income Ratio: 2.6 (25th cheapest)
Rent To Income Ratio: 0.006 (3rd cheapest)
More on Paloma Del Sol: Data | Real Estate

Methodology: How We Determined The Cheapest Albuquerque Hoods In 2024

To rank the cheapest places to live in Albuquerque, we had to determine what criteria define “cheap” and then apply Saturday Night Science.

Using Census and extrapolated BLS data, we arrived at the following set of criteria:

  • Overall Cost Of Living
  • Rent To Income Ratio
  • Median Home Value To Income Ratio

We then ranked each neighborhood with scores from 1 to 197 in each category, where 1 was the cheapest.

Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.

And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Albuquerque.” We’re lookin’ at you, Tijeras Arroyo.

We updated this article for 2024. This is our fourth time ranking the cheapest neighborhoods to live in Albuquerque. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.

Summary: Lowest Cost Places To Live In Albuquerque

If you’re measuring the neighborhoods in Albuquerque where prices are low, and it’s cheap to live, this is an accurate list.

The most affordable neighborhoods in Albuquerque are Tijeras Arroyo, South Los Altos, Yale Village, Kirtland Community, North Eastern, Encanto Village, Jeanne Bellamah East, Alta Monte, Victory Hills, and Paloma Del Sol.

As mentioned earlier, the neighborhoods in Albuquerque aren’t all cheap. Arroyo Del Oso North takes the title of the most expensive neighborhood to live in Albuquerque.

The most expensive neighborhoods in Albuquerque are Arroyo Del Oso North, Vista Grande, Skyview Acres, Bosque Dell Acres, and La Sala Grande.

We ranked the neighborhoods from cheapest to most expensive in the chart below.

For more New Mexico reading, check out:

Detailed List Of The Cheapest Neighborhoods To Live In Albuquerque For 2024

Rank Neighborhood Cost Of Living Index
1 Tijeras Arroyo 89
2 South Los Altos 84
3 Yale Village 86
4 Kirtland Community 88
5 North Eastern 89
6 Encanto Village 91
7 Jeanne Bellamah East 94
8 Alta Monte 74
9 Victory Hills 94
10 Paloma Del Sol 99
11 Snow Heights 92
12 Mountain View 86
13 Stardust Skies Park 101
14 Route 66 West 91
15 Mckinley 90
16 Holiday Park 103
17 Skies West 98
18 Tuscany 99
19 Quail Ridge 90
20 Jackson Area 94
21 South Atrisco 89
22 Valley Gardens 92
23 Clayton Heights-Lomas Del Cielo 89
24 Fair Heights 96
25 Ventana Ranch 97
26 Stronghurst 92
27 Laurelwood 97
28 Wildflower 84
29 John Robert 100
30 San Jose 86
31 Alban Hills 94
32 Westgate Vecinos 90
33 Fair West 91
34 Skyview West 90
35 Hodgin 92
36 Onate 101
37 Crestview Heights 101
38 Albuquerque Meadows 71
39 Eagle Ranch 106
40 Eastrange-Piedra Vista 97
41 Eisenhower 96
42 Villa De Paza 89
43 Classic Uptown 100
44 Prospectors Ridge 109
45 Painted Sky 97
46 Oso Grande 103
47 Ladera West 85
48 Los Alamos 93
49 Princess Jeanne 93
50 Tierra Oeste 103
51 Stinson Tower 91
52 Matheson Park 91
53 Quigley Park 95
54 S Y Jackson 102
55 Osuna Park 101
56 Sombra Del Monte 92
57 Avalon 92
58 Parkland Hills 97
59 Elder Homestead 88
60 Westgate Hts 89
61 Las Lomitas 103
62 San Antonio 92
63 Del Rey R 92
64 Academy Ridge East 93
65 Jade Park 91
66 Embudo Canyon 109
67 Martineztown 88
68 Heritage Hills 99
69 Cibola Addition 109
70 Academy Acres North 95
71 Vecinos Del Bosque 87
72 Summit Park 102
73 San Gabriel 101
74 Highlands North 97
75 Vista Sandia Hoa 91
76 Palomas Park 88
77 North Hills 88
78 Barelas 88
79 Supper Rock 103
80 Academy North 105
81 Sr Marmon 99
82 South Broadway 86
83 Taylor Ranch 99
84 Academy Hills Park 101
85 Towne Park 95
86 Antelope Run 121
87 Kachina Hills 111
88 Piedras Marcadas 107
89 Parkway 100
90 Chelwood Vista 90
91 Eldorado Heights 102
92 Glenwood Hills 112
93 N Albuquerque Acres 130
94 Quaker Heights 101
95 Willow Wood 102
96 North Wyoming 100
97 Candelmen 93
98 Vista Montecito 101
99 Vista Del Norte 106
100 Peppertree-Royal Oak 120
101 Alamosa 86
102 Se Heights 104
103 Pat Hurley 94
104 Heritage East 116
105 Cherry Hills 112
106 Uptown 91
107 Saragossa 110
108 Paradise Heights 110
109 Seven Bar North 110
110 West Park 105
111 Tanoan East 125
112 Los Volcanes 81
113 Mirabella 102
114 Near N Valley 95
115 Santa Barbara 90
116 Monkbridge Gardens 84
117 Sandia 104
118 Quintessance 123
119 Stardust Skies North 104
120 Richland Hills 111
121 Singing Arrow 79
122 West Bluff 97
123 Desert Spring Flower 91
124 West Mesa 90
125 Glenwood Hills South Casa Grande 108
126 La Luz 111
127 Nor Este 124
128 Trumbull Village 79
129 Boyds-Leslie Park 100
130 Story Rock 106
131 Keystone 103
132 Cielito Lindo 104
133 Loma Del Rey 103
134 Alvarado Park 94
135 La Luz De Sol 107
136 South San Pedro 83
137 Winrock South 93
138 Grande Hts 97
139 Estates At Tanoan 156
140 Inez 92
141 Del Norte 94
142 Conchas Park 91
143 Northeast Valley 104
144 N Campus 102
145 Jerry Cline Park 94
146 Plaza Vieja 94
147 Indian Moon 95
148 Bel-Air 93
149 Huning Castle 107
150 Cottonwood Heights 96
151 Los Jardines 98
152 Matthew Meadows 120
153 South Guadalupe Trail 98
154 La Mesa 87
155 Sawmill 96
156 Riverview Heights 94
157 Vista Magnifica 94
158 Paradise Hills 104
159 Huning Highland Historic District 93
160 Nob Hill 104
161 Silver Hill 88
162 Bear Canyon 105
163 Wells Park 94
164 Greater Gardner 86
165 Mark Twain 99
166 Coors Trail 107
167 Mossman 100
168 Netherwood Park 106
169 Thomas Village 119
170 West Old Town 95
171 Alameda N Valley 109
172 Siesta Hills 118
173 Montgomery Park 96
174 Downtown 96
175 Big Bend 106
176 Vineyard Estates 128
177 Academy Park 103
178 Highland 102
179 Zuni 98
180 Rio Grande Blvd 107
181 Altura 107
182 University Hts 95
183 Alvarado Grdns 119
184 Montgomery Heights 97
185 Spruce Park 110
186 Broadway Central 101
187 Raynolds 98
188 Countrywood 112
189 Academy Estates East 102
190 Riverfronte 214
191 Sandia Ridge 107
192 Sycamore 101
193 La Sala Grande 102
194 Bosque Dell Acres 108
195 Skyview Acres 108
196 Vista Grande 111
197 Arroyo Del Oso North 116
About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

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