Rent to Own Homes in Albuquerque, NM

Albuquerque stretches out amid the crossroads of Interstate 25 and Interstate 40 in the north-central part of New Mexico. The largest city in the state, Albuquerque crosses the east and west banks of the Rio Grande River and touches the foothills of the Sandia Mountains. The historic U.S. Route 66 shares a mutual path with Central Ave, the main cultural artery of the city.

Check out Albuquerque, NM Craigslist homes for sale, for rent, and rent to own

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B573111d42b33d9414d300d35d413cf5
Listing Type
Rent-To-Own
Description

2 Beds, 2 Baths

Albuquerque, NM 87123

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School: Hawthorne Elementary
Grocery: Route 66 Gas & Food Mart
Restaurant: Chavez Chile Grill
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0a58f79067982ac483ab14b0fe620332
Listing Type
Rent-To-Own
Description

3 Beds, 2 Baths

Albuquerque, NM 87120

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School: St Pius X High School
Grocery: Phillips 66
Restaurant: Effingbar & Grill
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869e9923c5ba97a29200fddd4500705d
Listing Type
Rent-To-Own
Description

3 Beds, 2 Baths

Albuquerque, NM 87111

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School: Oak Grove Classical Academy
Grocery: Naus Agency
Restaurant: Specs Inc
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Ac3da527214486f5156054b038af8df3
Listing Type
Rent-To-Own
Description

3 Beds, 3 Baths

Albuquerque, NM 87108

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School: Holy Ghost Catholic School
Grocery: Y Mart
Restaurant: Golden Eggroll
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Fc3733a196fa18c4c5179175dee35a47
Listing Type
Rent-To-Own
Description

4 Beds, 4 Baths

Albuquerque, NM 87114

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School: Ventana Ranch Elementary School
Grocery: Best Harvest Produce
Restaurant: Rubio's Cocina Mexicana
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79638989c618ed1d1fd8f3a06122c36c
Listing Type
Rent-To-Own
Description

5 Beds, 4 Baths

Albuquerque, NM 87120

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School: Painted Sky Elementary School
Grocery: Valero
Restaurant: Waffles Of New Mexico
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F799adcd5b311dc70f3b3ba7de24095f
Listing Type
Rent-To-Own
Description

1 Bed, 1 Bath

Albuquerque, NM 87107

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School: Griegos Elementary
Grocery: Chile Pod
Restaurant: Chile Bowl
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2677b71d241d5af9c3b866b6a8082024
Listing Type
Rent-To-Own
Description

3 Beds, 2 Baths

Albuquerque, NM 87112

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School: Chelwood Elementary
Grocery: Champion Enterprises
Restaurant: Aki Sushi
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Cefc6581929e591f302dc3348760832e
Listing Type
Fannie Mae/Freddie Mac
Description

3 Beds, 2 Baths

Albuquerque, NM 87105

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School: Polk Middle School
Grocery: Jerry's Market
Restaurant: El Rancho Viejo Mexican Rstrnt
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Housing Analysis

The median home sales price in Albuquerque as of June 13th 2013 was $134,900, which is a decrease of 3.3% from last year. The average home for sale listing price as of August 7th, 2013 was $266,046. There are currently 379,200 total households in the area with 66.5% being owner occupied and 33.5% being renter occupied. The annual renter vacancy rate is 6.0% as opposed to the owner vacancy rate of only 1.9%. Rent to own homes are offered by some real estate agencies, primarily in the suburbs.

Transportation and Commuting

Transportation around Albuquerque varies according to neighborhood. The more condensed areas in and around downtown can be traveled on foot or on a bicycle. The sprawling nature of the suburbs makes them ideally accessible by motorized vehicle only. The public transportation department is dubbed ABQ Ride for short and has fixed bus routes that run across the city at regular times. Special discount fares are available for children, seniors and those with disabilities. There is also a train service that runs north and south between Albuquerque and Bernalillo called New Mexico Rail Runner Express. Stops along the way offer access to destinations along U.S. Highway 550. Stops in town provide easy transferring onto the ABQ Ride bus system. Commutes to and from suburban areas to the nucleus of the city can vary between 15 to 25 minutes for most. The Paseo Del Norte bridge provides access across the Rio Grande to and from Albuquerque's West Side, as does Interstate 40. Both are particularly congested during peak hours. Commuters must allow themselves additional time to reach their destinations when using these thoroughfares during heavy traffic times.

Weather

The weather in Albuquerque is primarily dry throughout the year with seasonal dips in temperature during the winter months, averaging at an overnight low of 30 degrees. Summer months can see daily high average temperatures in the lower 90s. The remaining months of March, April, May, September, and October see reasonable daily temperatures ranging between 45 and 80 degrees. Albuquerque sees an average of 310 days of sunshine per year. Average rainfall is a sparse 9.47 inches. Because of this, there is little vegetation, which means heavy rain can cause flash floods. The water runoff of these floods flows into the Rio Grande River via an elaborate system of concrete ditches, but it can sometimes interrupt traffic in and near the foothills of the Sandia Mountains directly to the east of the city.

Neighborhoods

Duke City: Duke City was officially founded in 1706 but has Spanish roots dating back to 1540. These roots are especially apparent in the community in and around Old Town Plaza. As you travel outward from this central point, you see a history of home building in the area, decade by decade.

Old Town and Albuquerque Country Club: These neighborhoods feature larger properties, some built in ranch-style estate layouts. Residents can visit the Albuquerque Museum, New Mexico Museum of Natural History and Science, and Explora Science Center and Children's Museum.

Altura Park, Nob Hill, SE Heights and South Broadway: These four districts feature communities built as early as the 50s in various styles, both modern and vintage. Nob Hill, named after San Francisco's own Nob Hill, is a popular tourist and shopping stop, featuring a variety of locally owned businesses and historic places, such as the De Anza Motor Lodge and the Aztec Motel.

Four Hills, Rio Rancho, Ladera West and Noreste Park: Here you'll find properties ranging from quaint to sprawling, and from ancient to almost new in these suburban neighborhoods. Throughout these three areas there are houses for sale and rental houses of vastly varying price brackets. Rio Rancho is home to the New Mexico Stars and residents can go to their homes games at the Santa Ana Star Center.