Farmington, NM · New Mexico
San Juan County
ZIP 87416
121,178 residents76 permits TTM$53,020 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$185,100
ACS 5-Year
Cap rate proxy
5.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.8%
HUD FMR ÷ ACS HHI
Net migration
+1.47%
IRS SOI
Permits (TTM)
76
Census BPS
Climate risk
88.3
FEMA NRI (0–100)
ZIP 87416
Median home value
—
Gross yield
—
Cap rate
4.2%
Rent gap
—
Affordability
P/I: 4.9R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 87037 | — | — | — | 5.9% | — |
| 87364 | — | — | — | 5.9% | — |
| 87418 | — | — | — | 5.9% | — |
| 87419 | — | — | — | 5.9% | — |
| 87420 | — | — | — | 5.9% | — |
| 87455 | — | — | — | 5.9% | — |
| 87461 | — | — | — | 5.9% | — |
| 87499 | — | — | — | 5.9% | — |
| 87401 | — | — | — | 5.5% | — |
| 87417 | — | — | — | 4.9% | — |
| 87421 | — | — | — | 4.7% | — |
| 87413 | — | — | — | 4.5% | — |
| 87416 | — | — | — | 4.2% | — |
| 87410 | — | — | — | 4.2% | — |
| 87415 | — | — | — | 3.8% | — |
| 87402 | — | — | — | 3.4% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
70.2%
Census ACS
Vacancy rate
14.6%
Census ACS
Bachelor's degree +
16.6%
Census ACS
Rent burdened
40.3%
Census ACS (>30% income)
Median age
38.0
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