Real Estate Investing in Chama, New Mexico

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

1 ZIP codes • Population: 1,088 • Rio Arriba County

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

🏠 For Homebuyers
WEAK FIT
Grade F (34/100)

Multiple negative signals. Better options likely exist nearby.

📈 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: 53.9% of homes vacant — above national norms.

What’s happening in Chama, NM?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.4% 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 $322,651
Avg Monthly Rent $873
ZIP Codes 1

Investing in Chama Real Estate

Across Chama's 1 ZIPs, the picture is soft: $323K median values, $873/mo rents, and a population that has faced real economic pressure.

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

The $873/mo / $323K relationship in Chama looks muted once vacancy and capex are incorporated into underwriting. trends toward the realized yield tends to disappoint.

A an established population with $N/AK household income profile is what makes Chama a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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

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Avg Home Value
$322,651
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (NM)
☀️ Warm Market — Espa-¦ola, NM metro
0
Days to pending
3.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of June 20, 2026 — updated weekly

ZIP Codes in Chama, NM

Screen every ZIP in Chama

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

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Frequently Asked Questions About Chama, NM

How do home values compare in Chama, NM?

The median home value in Chama, NM is roughly $323K. That puts it reasonable relative to the NM statewide average.

Is the tenant base reliable in Chama, NM?

Chama, NM offers a measured renter base at the $873/mo rent level. Tenant turnover is reasonable for well-managed properties.

Which real estate strategy fits Chama, NM?

For Chama, NM, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is Chama, NM good for house hacking?

Chama, NM offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.

Is Chama, NM landlord-friendly?

Landlord-friendliness in Chama, NM is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

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