Location: Taos County, NM | Metro: Taos County, NM
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 87525, located in Taos County, New Mexico, reveals several critical points for landlords and small-portfolio investors considering investment in this area.
The rent math does not work favorably here. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,170. However, without a defined market rent figure, it's challenging to assess the profitability directly. This uncertainty suggests a need for thorough local market research to understand potential rental income accurately.
Regarding acquisition affordability, the lack of specific data on the median home value, days on market (DOM), and the percentage of homes that require a price cut makes it difficult to provide a precise assessment. Landlords should conduct detailed due diligence on property costs and market conditions to ensure they can acquire properties at a reasonable price.
Tenant demand is another concern. With a population of only 65 residents and a 0.0% renter share, there is virtually no demand for rental properties in this ZIP code. This low population and lack of renters indicate a significant risk in finding tenants, which could lead to prolonged vacancies and financial losses.
Verdict: Investment in ZIP code 87525 is not advisable due to the questionable rent math, uncertain acquisition affordability, and notably low tenant demand. The extremely small population and absence of renters suggest that the area lacks the necessary conditions for successful rental operations. Landlords and investors should look elsewhere for opportunities that better align with their financial goals and risk tolerance.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.