Gross rental yield of 5.82% — ranked #17 of 40 New Mexico ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.1% | +39.0% |
| Market rent | +4.3% | — |
Metro: Farmington, NM · County: San Juan County · Annual rent: $16,020
Similar home values, sorted by yield — the cheapest way to see if 87401 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 88220 | Carlsbad | NM | $259,004 | $1,568 | 7.26% | 13.8 | +1.1% |
| 88012 | Las Cruces | NM | $295,265 | $1,748 | 7.10% | 14.1 | -0.8% |
| 87121 | Albuquerque | NM | $292,909 | $1,632 | 6.69% | 15.0 | +2.2% |
| 88008 | Santa Teresa | NM | $314,117 | $1,598 | 6.11% | 16.4 | -0.3% |
| 87102 | Albuquerque | NM | $250,105 | $1,151 | 5.52% | 18.1 | -0.3% |
| 87105 | Albuquerque | NM | $286,059 | $1,252 | 5.25% | 19.0 | +1.9% |
| 88005 | Las Cruces | NM | $278,433 | $1,118 | 4.82% | 20.8 | +0.1% |
| 87108 | Albuquerque | NM | $289,641 | $1,019 | 4.22% | 23.7 | -1.4% |
Top rental yields in all of New Mexico →
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