New Mexico
Otero County
ZIP 88340
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 88340
Median home value
—
Gross yield
—
Buy Box score
0.1
Section 8 gap
—
Affordability
P/I: —R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown17 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 88310 | — | — | — | 0.8 | — |
| 88352 | — | — | — | 0.4 | — |
| 88081 | — | — | — | 0.2 | — |
| 88337 | — | — | — | 0.1 | — |
| 88317 | — | — | — | 0.1 | — |
| 88311 | — | — | — | 0.1 | — |
| 88330 | — | — | — | 0.1 | — |
| 88340 | — | — | — | 0.1 | — |
| 79837 | — | — | — | — | — |
| 88314 | — | — | — | — | — |
| 88325 | — | — | — | — | — |
| 88342 | — | — | — | — | — |
| 88344 | — | — | — | — | — |
| 88347 | — | — | — | — | — |
| 88349 | — | — | — | — | — |
| 88350 | — | — | — | — | — |
| 88354 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
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
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