Lee Acres, Albuquerque, NM
Lee Acres — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lee Acres, Albuquerque, New Mexico. Explore the cited sources and local facts below while agent underwriting continues.
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Lee Acres Neighborhood Overview
Lee Acres is a residential neighborhood in Albuquerque, New Mexico, located in Bernalillo County within the 87107 ZIP code. It offers a mid-range market tier with a median household income of $56,629, providing an accessible option for homeownership. The community is centrally positioned near several other established neighborhoods, including Los Ranchos de Albuquerque and Los Griegos.
Lifestyle & Amenities
The neighborhood has a walkability score of 9.1 out of 20, indicating that most errands require a car. Its location provides convenient access to nearby residential areas and their associated local shops and services. Residents enjoy a quiet, suburban lifestyle within the larger Albuquerque metropolitan area.
Real Estate Market
The real estate market in Lee Acres is active, with 576 mortgage originations recorded in 2023, the majority being conventional loans. The median home value is $278,400, while the median gross rent is $887 per month. This market activity and pricing solidify its position as a stable, mid-range neighborhood for buyers and renters.
Schools & Education
Families in Lee Acres are served by several nearby schools, including Alvarado Elementary and Taft Middle School within half a mile. Other options like MacArthur Elementary and Montessori Elementary School are also less than a mile away. This proximity to multiple educational institutions provides families with convenient choices.
Transportation & Connectivity
Given its low walkability score, personal vehicles are the primary mode of transportation for residents. The neighborhood's location offers straightforward connectivity to major Albuquerque thoroughfares. This facilitates commutes to employment centers and access to the broader amenities of the city.
Why Choose Lee Acres
Lee Acres presents a compelling value with its affordable median home value and active housing market dominated by conventional financing. The neighborhood is ideal for those seeking a budget-friendly entry into Albuquerque homeownership with good school proximity. It offers a practical, residential base with the connectivity to explore the wider region.
Lee Acres Market Data
| Metric | Value |
|---|---|
| Median Home Price | $278K |
| Median Gross Rent | $887/mo |
| Median Household Income | $57K |
| Homeownership Rate | 62.2% |
| Renter-Occupied | 37.8% |
| Rental Vacancy Rate | 5.6% |
| Market Type | Balanced |
| Market Tier | Mid-Range |
| Primary ZIP Code | 87107 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 576 |
| VA Loan Originations | 34 |
| VA Loan Share | 5.9% |
| Conventional Loan Originations | 461 |
| FHA Loan Originations | 80 |
Top Real Estate Agents in Lee Acres, Albuquerque
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lee Acres, Albuquerque, NM. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Mexico Real Estate Commission (NMREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14