Commercial Real Estate Market in Los Ranchos, NM
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
1,513 active listings and 14,212 off-market properties in Los Ranchos, NM. Commercial property asks $149/SF to buy and $22.53/SF/Yr to lease.
Market Trends
Los Ranchos, NM spans 35.6 square miles in Bernalillo County, New Mexico. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Los Ranchos, NM asks $18.22/SF/Yr to lease. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in West region
Retail
Retail space in Los Ranchos, NM asks $19.10/SF/Yr to lease. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in West region
Industrial
Industrial space in Los Ranchos, NM asks $13.03/SF/Yr to lease. Vacancy runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Average Lease Price $/SF/Yr
Listings
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Los Ranchos, NM runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Los Ranchos, NM has 99,742 residents in 41,479 households. Density runs 2,803 people per square mile. Median household income here is $75,044 and median gross rent $1,193 a month.
99,742
Population
41,479
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
35.6 sq mi
ZIP Area
2,803
Density / Sq Mi
$75,044
Median Household Income
$44,557
Median Earnings
$1,193
Median Rent
$291,881
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Rio Rancho | — | $17.21 |
| Corrales | — | — |
| Albuquerque | — | $22.53 |
| Bernalillo | — | — |
Commercial property in Los Ranchos, NM asks $149/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Los Ranchos?
Commercial property in Los Ranchos, NM asks an average of $149 per square foot.
How much does it cost to lease commercial space in Los Ranchos?
Asking lease rates in Los Ranchos, NM average $22.53 per square foot per year. Office asks $18.22/SF/Yr as of Q2 26, little changed from $18.49/SF/Yr in Q1 26.
Where does Realmo's Los Ranchos market data come from?
Realmo compiles Los Ranchos, NM figures from 2 recent recorded sales, 1,070 active sale listings, 443 active lease listings, 14,212 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1,070 active for-sale and 443 active for-lease listings in Los Ranchos, NM. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
