Location: Taos County, NM | Metro: Taos County, NM
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $1,040 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,550 |
| 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 87543 in Taos County, NM, reveals several key points that are crucial for landlords and small-portfolio investors.
Firstly, regarding the rent math, the Fair Market Rent (FMR) set at $1,240 for the fiscal year 2026 does not provide a complete picture due to the lack of available market rent data. This absence makes it challenging to directly compare the two figures and assess whether the rent math works effectively in this area.
Secondly, the acquisition affordability in ZIP 87543 is unclear given the missing information on median home values, days on market (DOM), and the percentage of homes that have been discounted. Without these specifics, it's impossible to determine if purchasing properties in this ZIP code aligns with affordable investment criteria.
Lastly, the tenant demand in ZIP 87543 is low based on the population size of 288 individuals and a 0.0% renter share. This indicates that nearly all residents own their homes, suggesting a limited pool of potential tenants for rental properties.
Verdict: The ZIP code 87543 presents significant challenges for rental investments. With incomplete data on market rents and property acquisition costs, making informed decisions is difficult. Moreover, the extremely low renter share implies minimal tenant demand. For landlords and small-portfolio investors, this ZIP code does not appear to be a viable option for profitable rental ventures without further investigation into local housing trends and availability of more detailed data.
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.