Santa Fe, NM · New Mexico

Santa Fe County

ZIP 87056

155,175 residents541 permits TTM$74,689 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$416,900

ACS 5-Year

Cap rate proxy

3.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.2%

HUD FMR ÷ ACS HHI

Net migration

+1.69%

IRS SOI

Permits (TTM)

541

Census BPS

Climate risk

86.0

FEMA NRI (0–100)

ZIP 87056

Median home value

Gross yield

Buy Box score

Section 8 gap

Affordability

P/I: 5.4R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown12 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
875220.6
875670.6
870150.4
870100.4
875350.3
875070.2
875050.1
875080.1
875010.0
875400.0
875060.0
87056

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Demographics

Owner-occupied

70.6%

Census ACS

Vacancy rate

10.7%

Census ACS

Bachelor's degree +

44.2%

Census ACS

Rent burdened

43.8%

Census ACS (>30% income)

Median age

48.5

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