Real Estate Investing in Belen, New Mexico

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 21,375 • Valencia County

☆ Watch this market Free account

Should you buy in Belen, NM? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.1% of homes vacant — above national norms.

What’s happening in Belen, NM?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $269,869
Avg Monthly Rent $1,100
ZIP Codes 1

Investing in Belen Real Estate

Belen, NM covers 1 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.

Belen is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

The $1,100/mo / $270K relationship in Belen looks lackluster once vacancy and capex are incorporated into underwriting. trends toward the realized yield tends to disappoint.

Population dynamics in Belen haven't been supportive. less favorable for combined with underwhelming income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Albuquerque, NM

Belen is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Belen, NM. Anonymous, moderated, never written by AI.

Do you own or manage rentals in Belen, NM?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$269,869
Avg Monthly Rent
$1,100
1% Rule
✗ Below
Landlord Friendly (NM)

📉 Market Crash Risk Index

Based on Albuquerque, NM metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
0/2
40 days

View all metro crash risk rankings →

❄️ Cool Market — Albuquerque, NM metro
40
Days to pending
11.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Belen, NM

Screen every ZIP in Belen

Filter Belen’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Belen, NM

How much do tenants pay in Belen, NM?

Rent in Belen, NM is around $1,100/mo. The resulting rent-to-value relationship with $270K pricing is reasonable for most investor models.

Are there empty rentals in Belen, NM?

Belen, NM sees elevated vacancy, which is reasonable relative to the broader NM rental market.

Is Belen, NM a good market for buy-and-hold investors?

Our data puts Belen, NM at 3.0/5 for investability. Home prices of $270K and rents around $1,100/mo create a solid backdrop for investor activity.

Which real estate strategy fits Belen, NM?

The best-fit strategy in Belen, NM is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

What is the tenant pool like in Belen, NM?

Expect a solid tenant pool in Belen, NM. The rental market absorbs $1,100/mo rents without meaningful friction.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Belen, NM.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.