Santa Fe, NM · New Mexico
Santa Fe County
ZIP 87508
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 87508
Median home value
—
Gross yield
—
Buy Box score
0.1
Section 8 gap
—
Affordability
P/I: 8.5R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown12 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 87522 | — | — | — | 5.2% | — |
| 87567 | — | — | — | 5.0% | — |
| 87507 | — | — | — | 5.0% | — |
| 87015 | — | — | — | 4.3% | — |
| 87010 | — | — | — | 4.2% | — |
| 87505 | — | — | — | 4.0% | — |
| 87535 | — | — | — | 3.9% | — |
| 87501 | — | — | — | 3.8% | — |
| 87056 | — | — | — | 3.8% | — |
| 87508 | — | — | — | 2.5% | — |
| 87540 | — | — | — | 1.9% | — |
| 87506 | — | — | — | 1.5% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
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
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