Albuquerque, NM Rent To Own Homes

Rent-to-Own Homes in Albuquerque, NM: Everything You Need to Know 

Albuquerque is a beautiful sun-spot located in New Mexico. The job market here is plentiful, and unemployment is therefore quite small. The cost of living is low, allowing for easy living. There is much to see and do and a great sense of local culture.  

A Thriving Job Market 

Forbes listed Albuquerque, New Mexico as one of the best places for business and career advancement in the last decade. The top industries are Aerospace and Defense, Energy Technology, and Semiconductor and Computer Chip Manufacturing. The average salary of an Albuquerque resident is $26,876 and the unemployment rate is only 4.3%.

The Cost of Living in Albuquerque

Albuquerque is an inexpensive city to live in, 5% cheaper than the United States average. Housing is 4% less expensive here, and utility prices are 15% under the national average. Gas is $2.58 per gallon. Healthcare is 2% less expensive when compared to the rest of the country. However, Albuquerque is, on average, more expensive than living in a different New Mexico City. Albuquerque’s sale tax is about 8%, while the New Mexico sales tax is just over 5%.

The Local Weather and Climate

Albuquerque has a dry, warm climate. The summers are hot, and, while winters are short, they can be very cold. July tends to be the hottest month, with temperatures typically peaking at 93°F. January is the coldest month, with temperatures rarely dipping below 27°F. Albuquerque is a city of sun, so rainy days are rare. The city tends to only get 9.5” of rain, annually.

Things to Do in Albuquerque

The beautiful desert of Albuquerque offers stunning sights to see and events to attend. The Rio Grande Nature Center State Park hosts exhibits featuring gardens, ponds, and wetlands. There are also hiking trails and year-round bird watching opportunities.

The Albuquerque International Balloon Fiesta is an annual event every October when the skies fill with hot air balloons. Sunset is the best time to sit and watch, as the “balloon glows” illuminate the sky. There is a Balloon Fiesta Park, however, the event can be seen from all over the city. 

For those with children or who enjoy the beauty of nature, the ABQ BioPark is a must-see. The park houses the Albuquerque Aquarium, the Rio Grande Botanical Gardens, and Tingley Beach. The zoo lets visitors experience hundreds of endangered species and the aquarium hosts several breeds of shark. The botanical gardens are a sight to behold, with their lush flora and elegant butterflies.

The Local Culture

Native American culture is deeply rooted and prominent in Albuquerque. The architectural design of many buildings and the turquoise embedded jewelry peppers the city. Some of the foods enjoyed by the native population, like chiles, posole, and beans, have become city staples. The adjective to best describe the cuisine here is “spicy.” The green chile cheeseburger was born in the 1940s at The Owl Bar and has become a favorite food state-wide.