Most Affordable ZIP Codes in Farmington, 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 87419 Navajo Dam, NM $192,096 $1,062 4.31% -1.8%
2 87417 Kirtland, NM $233,885 $873 2.91% 4.3%
3 87421 Waterflow, NM $235,983 $1,053 3.48% 3.5%
4 87413 Bloomfield, NM $254,515 $918 2.81% 4.7%
5 87401 Farmington, NM $274,754 $1,264 3.59% 7.4%
6 87410 Aztec, NM $276,541 $1,025 2.89% 5.1%
7 87416 Waterflow, NM $281,092 $1,107 3.07% 6.1%
8 87415 Aztec, NM $308,993 $1,467 3.70% 6.3%
9 87418 La Plata, NM $323,651 $1,035 2.49% 6.5%
10 87402 Farmington, NM $337,091 $1,100 2.55% 8.2%

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 Farmington, NM  ·  Appreciation in Farmington, NM

Or see the full Farmington, NM metro profile.