Most Affordable ZIP Codes in Alamogordo, NM (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 88352 | Tularosa, NM | $184,943 | $873 | 3.68% | 7.2% |
| 2 | 88347 | Sacramento, NM | $214,546 | $873 | 3.17% | 7.0% |
| 3 | 88310 | Alamogordo, NM | $220,206 | $1,562 | 5.53% | 7.0% |
| 4 | 88337 | La Luz, NM | $271,036 | $873 | 2.51% | 7.5% |
| 5 | 88317 | Cloudcroft, NM | $303,219 | $873 | 2.25% | 7.8% |
| 6 | 88325 | Alamogordo, NM | $342,834 | $873 | 1.99% | 6.5% |
| 7 | 88339 | Mayhill, NM | $362,124 | $873 | 1.88% | 6.8% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Alamogordo, NM · Appreciation in Alamogordo, NM
Or see the full Alamogordo, NM metro profile.