Albuquerque vs Hobbs: Housing
| Albuquerque | Hobbs | |
|---|---|---|
| Median Home Value | $291,500 | $191,300 |
| Median Gross Rent | $1,145/mo | $1,112/mo |
| Homeownership Rate | 61.8% | 66.0% |
| Rent as Share of Income | 20.1% | 20.8% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.