New Mexico

Eddy County

ZIP 88263

61,114 residents329 permits TTM$79,605 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$199,400

ACS 5-Year

Cap rate proxy

7.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.8%

HUD FMR ÷ ACS HHI

Net migration

+0.74%

IRS SOI

Permits (TTM)

329

Census BPS

Climate risk

83.7

FEMA NRI (0–100)

ZIP 88263

Median home value

Gross yield

Cap rate

7.1%

Rent gap

Affordability

P/I: 2.5R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
882547.1%
882557.1%
882567.1%
882637.1%
882687.1%

Ranked by composite score

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Demographics

Owner-occupied

74.7%

Census ACS

Vacancy rate

12.7%

Census ACS

Bachelor's degree +

19.8%

Census ACS

Rent burdened

22.2%

Census ACS (>30% income)

Median age

35.9

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026