Neighborhood Profile

Del Rey R

Albuquerque, NM | Bernalillo County
Scored premium profile
Best Neighborhoods USA Index
44.1
National rank: #9,684 of 14,967
Stability and Strength
52.5
Score
Value Opportunity
47.1
Score
Momentum
26.4
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbuquerque, NM
CountyBernalillo County
National rank#9,684 of 14,967
State rank#165 of 222
City rank#137 of 187
County rank#137 of 187
National percentile35.3
National bandMIDDLE_50_PERCENT
Neighborhood Expert Opportunity
Become the Neighborhood Expert for this market

Reach consumers while they are actively deciding where to live.

Inquire about this market
Unsold commercial placement. No local expert is currently assigned.

Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$566,373
Year-over-year home value change-1.4%
Month-over-month home value change-0.30%
Home value to income ratio9.06
Median household income$62,485
Bachelor's degree or higher53.4%
Civilian unemployment rate0.0%
Homeownership rate32.6%
Housing vacancy rate3.1%
Rent burden 30% or higher74.9%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Del Rey R

What is the Best Neighborhoods USA ranking for Del Rey R?

Del Rey R is ranked #137 of 187 eligible neighborhoods in Albuquerque; #165 of 222 eligible neighborhoods in NM; and #9,684 of 14,967 eligible neighborhoods in the United States.

Is Del Rey R one of the best neighborhoods in Albuquerque?

Del Rey R has a Best Neighborhoods USA Index of 44.1 and a city ranking of #137 of 187 eligible neighborhoods in Albuquerque.

How much are homes worth in Del Rey R?

The current Zillow Home Value Index for Del Rey R is approximately $566,373.

Are home values rising or falling in Del Rey R?

Zillow neighborhood values changed -1.4% year over year and -0.30% month over month.

What is the Neighborhood Momentum Score for Del Rey R?

Del Rey R has a Neighborhood Momentum Score of 26.4. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Del Rey R?

The NDS-derived neighborhood median household income is approximately $62,485.

How affordable is Del Rey R relative to household income?

The current Zillow home-value-to-household-income ratio is 9.06. Price-to-income affordability is a major Value Opportunity input.

Is Del Rey R primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 32.6%.

What is the unemployment rate in Del Rey R?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Del Rey R?

Approximately 53.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Del Rey R face high rent burden?

Approximately 74.9% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Del Rey R?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications15
Estimated originations7
Home-purchase applications10
Origination rate49.8%
Home-purchase share66.7%
Average application loan$387,877
Total application loan amount$5,727,421
National application rank#11,521 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 75.2% YoY; originations 81.7% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.