RentYield Atlas

ZIP 88005 — Las Cruces, NM: rental yield & market data

Gross rental yield of 4.82% — ranked #30 of 40 New Mexico ZIP codes. June 2026 data.

Gross rental yield
4.82%
Home value
$278,433
Market rent / mo
$1,118
Price-to-rent
20.8

Trend

Metric1-year change5-year change
Home value+0.1% +35.5%
Market rent+0.7%

Metro: Las Cruces, NM · County: Dona Ana County · Annual rent: $13,416

Comparable ZIP codes in New Mexico

Similar home values, sorted by yield — the cheapest way to see if 88005 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
88220CarlsbadNM$259,004$1,5687.26%13.8+1.1%
88012Las CrucesNM$295,265$1,7487.10%14.1-0.8%
87121AlbuquerqueNM$292,909$1,6326.69%15.0+2.2%
88008Santa TeresaNM$314,117$1,5986.11%16.4-0.3%
87401FarmingtonNM$275,208$1,3355.82%17.2+5.1%
87102AlbuquerqueNM$250,105$1,1515.52%18.1-0.3%
87105AlbuquerqueNM$286,059$1,2525.25%19.0+1.9%
87108AlbuquerqueNM$289,641$1,0194.22%23.7-1.4%

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