New Mexico

Otero County

ZIP 88330

68,235 residents10 permits TTM$52,717 median HHI17 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$149,500

ACS 5-Year

Cap rate proxy

7.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.1%

HUD FMR ÷ ACS HHI

Net migration

+1.28%

IRS SOI

Permits (TTM)

10

Census BPS

Climate risk

84.7

FEMA NRI (0–100)

ZIP 88330

Median home value

Gross yield

Cap rate

7.4%

Rent gap

Affordability

P/I: 2.8R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown17 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
798377.4%
883117.4%
883147.4%
883307.4%
883407.4%

Ranked by composite score

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Demographics

Owner-occupied

65.0%

Census ACS

Vacancy rate

25.0%

Census ACS

Bachelor's degree +

21.6%

Census ACS

Rent burdened

40.5%

Census ACS (>30% income)

Median age

36.3

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