Location: Curry County, NM | Metro: Curry County, NM
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,890 |
| 5 Bedrooms | $2,192 |
| 6 Bedrooms | $2,455 |
| 7 Bedrooms | $2,651 |
| 8 Bedrooms | $2,784 |
The analysis of ZIP code 88102 in Curry County, New Mexico, reveals several key points that are crucial for landlords and small-portfolio investors.
The first question to address is whether the rent math works. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,100. However, the market rent data for ZIP 88102 is currently unavailable, which means it's impossible to directly compare the two figures. This lack of specific market rent data makes it challenging to determine if the rent math aligns with the actual market conditions.
Moving on to the affordability of property acquisition, the median home value in ZIP 88102 is also not available. Additionally, the average days on market (DOM) and the percentage of homes requiring price cuts are both missing. Without these critical pieces of information, assessing the financial feasibility of acquiring properties in this area remains uncertain.
The third point to consider is the tenant demand. Unfortunately, the population count and the percentage of renters in ZIP 88102 are not provided. These statistics would be essential for understanding the potential pool of tenants and their willingness to pay rent in the area.
Verdict: Despite the promise of a $1,100 FMR, the absence of market-specific data such as median home values, days on market, price-cut percentages, population counts, and renter shares leaves significant gaps in the analysis. Landlords and small-portfolio investors should proceed with caution until more detailed and accurate data is available to make informed decisions about the viability of investing in ZIP 88102.
Data Sources: FMR data from HUD (2027).
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.