The top 40 of 40 New Mexico ZIP codes ranked by gross rental yield — home value, market rent, price-to-rent and 1-year appreciation for each.
| # | ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|---|
| 1 | 88203 | Roswell | NM | $144,462 | $1,328 | 11.03% | 9.1 | +0.6% |
| 2 | 88101 | Clovis | NM | $163,047 | $1,206 | 8.88% | 11.3 | -0.8% |
| 3 | 87901 | Truth or Consequences | NM | $165,816 | $1,200 | 8.68% | 11.5 | +2.6% |
| 4 | 88310 | Alamogordo | NM | $221,838 | $1,546 | 8.37% | 12.0 | -3.9% |
| 5 | 88201 | Roswell | NM | $230,789 | $1,520 | 7.90% | 12.7 | +2.0% |
| 6 | 88240 | Hobbs | NM | $200,981 | $1,299 | 7.75% | 12.9 | +3.2% |
| 7 | 87031 | Los Lunas | NM | $327,510 | $2,025 | 7.42% | 13.5 | +2.8% |
| 8 | 88220 | Carlsbad | NM | $259,004 | $1,568 | 7.26% | 13.8 | +1.1% |
| 9 | 88012 | Las Cruces | NM | $295,265 | $1,748 | 7.10% | 14.1 | -0.8% |
| 10 | 88130 | Portales | NM | $146,065 | $862 | 7.08% | 14.1 | +0.5% |
| 11 | 87015 | Edgewood | NM | $388,506 | $2,200 | 6.80% | 14.7 | +3.4% |
| 12 | 87144 | Rio Rancho | NM | $377,525 | $2,124 | 6.75% | 14.8 | +0.7% |
| 13 | 87121 | Albuquerque | NM | $292,909 | $1,632 | 6.69% | 15.0 | +2.2% |
| 14 | 88008 | Santa Teresa | NM | $314,117 | $1,598 | 6.11% | 16.4 | -0.3% |
| 15 | 87571 | Taos | NM | $444,612 | $2,200 | 5.94% | 16.8 | -0.2% |
| 16 | 87401 | Farmington | NM | $275,208 | $1,335 | 5.82% | 17.2 | +5.1% |
| 17 | 87124 | Rio Rancho | NM | $354,514 | $1,684 | 5.70% | 17.5 | +0.1% |
| 18 | 87110 | Albuquerque | NM | $326,355 | $1,544 | 5.68% | 17.6 | +0.8% |
| 19 | 87113 | Albuquerque | NM | $431,812 | $2,042 | 5.67% | 17.6 | +0.0% |
| 20 | 87104 | Albuquerque | NM | $360,365 | $1,699 | 5.66% | 17.7 | +0.6% |
| 21 | 87544 | Los Alamos | NM | $589,553 | $2,771 | 5.64% | 17.7 | -1.2% |
| 22 | 88001 | Las Cruces | NM | $209,165 | $971 | 5.57% | 17.9 | -1.8% |
| 23 | 87102 | Albuquerque | NM | $250,105 | $1,151 | 5.52% | 18.1 | -0.3% |
| 24 | 87114 | Albuquerque | NM | $380,793 | $1,736 | 5.47% | 18.3 | +0.9% |
| 25 | 87120 | Albuquerque | NM | $363,606 | $1,641 | 5.41% | 18.5 | +1.3% |
| 26 | 87105 | Albuquerque | NM | $286,059 | $1,252 | 5.25% | 19.0 | +1.9% |
| 27 | 87507 | Santa Fe | NM | $464,000 | $1,920 | 4.97% | 20.1 | -0.1% |
| 28 | 88011 | Las Cruces | NM | $357,949 | $1,473 | 4.94% | 20.3 | -0.2% |
| 29 | 87112 | Albuquerque | NM | $328,246 | $1,349 | 4.93% | 20.3 | +0.9% |
| 30 | 88005 | Las Cruces | NM | $278,433 | $1,118 | 4.82% | 20.8 | +0.1% |
| 31 | 87123 | Albuquerque | NM | $346,353 | $1,351 | 4.68% | 21.4 | +1.1% |
| 32 | 87106 | Albuquerque | NM | $375,426 | $1,425 | 4.55% | 22.0 | -0.3% |
| 33 | 87111 | Albuquerque | NM | $426,714 | $1,525 | 4.29% | 23.3 | +0.2% |
| 34 | 87108 | Albuquerque | NM | $289,641 | $1,019 | 4.22% | 23.7 | -1.4% |
| 35 | 87109 | Albuquerque | NM | $385,473 | $1,355 | 4.22% | 23.7 | +0.4% |
| 36 | 87107 | Albuquerque | NM | $355,979 | $1,202 | 4.05% | 24.7 | +1.1% |
| 37 | 87402 | Farmington | NM | $334,610 | $1,100 | 3.94% | 25.3 | +6.3% |
| 38 | 87505 | Santa Fe | NM | $573,161 | $1,777 | 3.72% | 26.9 | +0.4% |
| 39 | 87501 | Santa Fe | NM | $742,149 | $2,144 | 3.47% | 28.8 | +1.4% |
| 40 | 87122 | Albuquerque | NM | $764,336 | $2,111 | 3.31% | 30.2 | +0.2% |
Average yield across this top 40: 5.88%. Excludes ZIPs under $50,000 home value.
This page shows 40 of 40 New Mexico ZIPs. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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