Best Places to Invest in New Mexico Real Estate
22 New Mexico markets ranked from our sold history and per-listing investment modeling. Tap a city for its cap rate, cash flow and price detail — then sign up to see the actual cash-flowing listings.
| City | Median price | Cap rate | Cash flow/mo | Appreciation YoY | Sold (12mo) |
|---|---|---|---|---|---|
| Albuquerque | $355,000 | 3.7% | $-794 | +2.9% | 4,396 |
| Rio Rancho | $350,000 | 3.6% | $-963 | -1.4% | 1,618 |
| Los Lunas | $331,950 | 3.8% | $-739 | +0.5% | 256 |
| South Valley | $299,450 | 3.9% | $-656 | +4.1% | 152 |
| Placitas | $599,900 | 1.2% | $-3,157 | +2.9% | 125 |
| Rio Rancho Estates | $7,500 | 3.9% | $-722 | +33.3% | 108 |
| Belen | $263,000 | 3.5% | $-651 | +25.2% | 107 |
| Corrales | $765,000 | 1.1% | $-3,772 | +23.2% | 85 |
| Sandia Heights | $799,000 | 1.9% | $-3,228 | +2.2% | 75 |
| Santa Fe | $499,495 | 2.4% | $-2,029 | -5.3% | 72 |
| Rio Communities | $265,000 | 3.7% | $-620 | -1.3% | 65 |
| Bernalillo | $389,000 | 2.6% | $-1,367 | +7.5% | 65 |
| Meadow Lake | $149,450 | 6.9% | $113 | +24.3% | 64 |
| North Valley | $450,000 | 1.9% | $-2,124 | +10.9% | 63 |
| El Cerro Mission | $295,200 | 4.8% | $-373 | -5.2% | 51 |
| Los Ranchos de Albuquerque | $925,000 | 0.5% | $-3,961 | -7.7% | 41 |
| Sandia Knolls | $375,000 | 2.0% | $-2,014 | -11.1% | 39 |
| Los Chaves | $294,450 | 3.1% | $-992 | -4.5% | 38 |
| Sedillo | $415,000 | 1.7% | $-2,375 | +31.3% | 35 |
| Costilla | $28,000 | 2.0% | $-1,290 | +339.1% | 35 |
| Ponderosa Pine | $249,900 | 3.6% | $-832 | -10.8% | 33 |
| Socorro | $215,000 | 2.8% | $-580 | +27.7% | 30 |
Ready to act on these markets? Create a free account to screen New Mexico listings by cash flow, or see the national market data.