New Mexico rental market analysis

Investment scores, home values, rents and gross rent-to-price comparisons for the counties in New Mexico we track. Click any county for the full deep-dive.

Counties tracked
30
Median home price
$234K
Median rent
$1,472
Top-scored
Curry
79/100

All counties in New Mexico

CountyScoreHome-value referenceRent referenceAnnual rent/priceYoY pricePopulation
Curry County79$159,828$1,3059.80%+2.4%48,327
Luna County79$158,794––+5.9%25,393
Cibola County78$159,135––+4.7%27,211
Lea County77$196,513$1,4698.97%+3.0%73,103
San Miguel County75$259,349––+7.7%27,215
Torrance County73$233,742––+8.4%15,203
Sierra County73$181,189$1,3138.69%+1.4%11,506
Catron County72$239,399––+9.0%3,635
Chaves County71$171,293$1,2638.85%+0.4%64,701
Eddy County71$247,965$1,5827.66%+3.1%61,264
Socorro County71$199,187––+2.5%16,453
San Juan County68$273,559$1,3996.14%+6.8%121,798
Roosevelt County67$147,590$8627.01%+0.4%19,142
Valencia County67$318,413$1,9457.33%+2.9%76,613
Otero County63$229,953$1,5247.95%-1.8%67,850
Rio Arriba County62$331,139––+2.3%40,285
Grant County57$179,773$1,1637.76%-6.2%28,006
Dona Ana County57$285,351$1,4726.19%-0.6%219,870
McKinley County56$216,464––-2.1%72,073
Sandoval County55$373,280$1,8796.04%+0.6%149,460
Lincoln County55$332,855$1,8836.79%-1.6%20,222
Bernalillo County54$347,674$1,4525.01%+1.7%674,692
Colfax County50$252,517––-3.9%12,370
Taos County48$424,746$1,9835.60%-0.8%34,475
Quay County48$105,455––-9.0%8,641
Union County47$121,117––-10.2%4,074
Hidalgo County45$95,661––-14.9%4,160
Los Alamos County42$593,582$2,6455.35%-1.1%19,253
De Baca County42$94,683––-12.7%1,695
Santa Fe County41$548,874$1,9534.27%+0.8%154,481
Latest stored snapshot loaded October 19, 2026. Sorted by overall investment score. The snapshot date is not the underlying Zillow observation period.

Deep-dive analyses in New Mexico

Full analyst breakdowns for these New Mexico counties: rent vs buy math, investor thesis, cap rates by sub-market, rent trends, and house-hack numbers.

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