Is Corrales, NM a good place to invest in rental property?

Corrales, NM has a median modeled monthly cash flow of $-3,745 and a median cap rate of 1.3%, on a median sold price of $750,000. Prices changed +12.5% year over year.

What is the average cap rate in Corrales, NM?

The median cap rate across recently sold homes in Corrales, NM is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Corrales, NM?

The median sold price in Corrales, NM is $750,000 (about $302 per square foot).

Investing in Corrales, NM Real Estate

A data-driven snapshot of the Corrales, NM rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$750,000Median sold price

$302Median $/sqft

1.3%Median cap rate

$-3,745Modeled cash flow / mo

+12.5%Appreciation YoY

10.5Months of supply

95Active listings

109Sold (last 12 mo)

What the Corrales numbers say

In Corrales, NM, the median home sold for $750,000 (about $302 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-3,745 of monthly cash flow. Sold prices moved +12.5% over the past year. Inventory sits at about 10.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Mexico markets to compare

See Corrales cash-flowing listings

CashFlowRE ranks every for-sale home in Corrales, NM by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Corrales deals, or browse the national market data.