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The Most Expensive ZIP Codes in Albuquerque

Ranked from observed Zillow data as of June 2026 — not a forecast. 38 ZIP codes in the Albuquerque, NM area. See the Albuquerque forecast →

Cheaper
More expensive· dot size = population

10 most expensive ZIP codes in Albuquerque, NM are ringed on the map; all 48 ZIPs shown, colored by typical home value and sized by population. Hover any dot for its ZIP and value.

Which are the best ZIP codes to buy in Albuquerque?

There is no single answer, because "best" depends on what a buyer is optimizing for. The three tables below rank the same 38 ZIP codes three different ways: by typical home value, by how much prices have actually moved over the past year, and by how far a home's price stretches against observed rent. A ZIP code that leads one list rarely leads all three.

Most expensive — June 2026

Ranked by typical home value (Zillow ZHVI), highest first.

#ZIPCityPopulationTypical value
187122Albuquerque18.8K$764,336
287048Corrales9.2K$716,595
387043Placitas4.4K$652,840
487047Sandia Park5.2K$541,730
587008Cedar Crest2.3K$472,989
687059Tijeras10.0K$455,160
787113Albuquerque16.4K$431,812
887068Bosque Farms5.6K$430,999
987111Albuquerque57.2K$426,714
1087042Peralta3.5K$415,955

Fastest-appreciating — past 12 months

Ranked by observed price change over the trailing year, not a forecast.

#ZIPCityPopulationTypical value1-yr change
187068Bosque Farms5.6K$430,999+7.1%
287035Moriarty6.8K$244,515+5.1%
387042Peralta3.5K$415,955+4.3%
487008Cedar Crest2.3K$472,989+3.4%
587059Tijeras10.0K$455,160+3%
687025Jemez Springs1.3K$356,016+3%
787031Los Lunas46.2K$327,510+2.8%
887002Belen21.4K$272,728+2.6%
987048Corrales9.2K$716,595+2.6%
1087121Albuquerque76.1K$292,909+2.2%

Best rental value — past 12 months

Ranked by price-to-rent (typical value ÷ observed annual rent), lowest first — the ZIP codes where buying looks cheapest relative to renting.

#ZIPCityPopulationTypical valuePrice ÷ annual rent
187031Los Lunas46.2K$327,51013.5×
287144Rio Rancho50.0K$377,52514.8×
387121Albuquerque76.1K$292,90915×
487124Rio Rancho58.4K$354,51417.5×
587110Albuquerque40.1K$326,35517.6×
687113Albuquerque16.4K$431,81217.6×
787104Albuquerque13.4K$360,36517.7×
887102Albuquerque20.3K$250,10518.1×
987114Albuquerque70.1K$380,79318.3×
1087120Albuquerque65.5K$363,60618.5×

Frequently asked questions

What is the most expensive ZIP code in the Albuquerque area?

87122 (Albuquerque), with a typical home value of $764,336 as of June 2026, the latest month Zillow has published.

Which are the best ZIP codes to buy in Albuquerque?

It depends on the goal. This page ranks three separately: the most expensive ZIP codes (highest typical value), the fastest-appreciating (largest observed price gain over the past year), and the best rental value (lowest price relative to observed rent). The three lists often name different ZIP codes.

Is this page showing forecasts?

No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasts, at the metro level, are on the linked metro forecast page.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.