Real Estate Investing in Raton, New Mexico

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

1 ZIP codes • Population: 7,055 • Colfax County

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

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • High vacancy: 16.0% of homes vacant — above national norms.

What’s happening in Raton, NM?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.7% 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 $153,258
Avg Monthly Rent $918
ZIP Codes 1

Investing in Raton Real Estate

Raton in New Mexico is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Investors considering Raton, NM should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rents in Raton at $918/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

The 0% renter share in Raton masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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

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Avg Home Value
$153,258
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (NM)

ZIP Codes in Raton, NM

Screen every ZIP in Raton

Filter Raton’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 Raton, NM

What is the average monthly rent in Raton, NM?

Rent in Raton, NM is around $918/mo. The resulting rent-to-value relationship with $153K pricing is reasonable for most investor models.

How expensive is real estate in Raton, NM?

The median home value in Raton, NM is roughly $153K. That puts it reasonable relative to the NM statewide average.

Is Raton, NM a good place for real estate investing?

Raton, NM shows an investability rating of 3.0/5, with median home values near $153K and average rents around $918/mo. That combination puts it in the notable tier for investor interest.

Is vacancy a concern in Raton, NM?

Rental vacancy in Raton, NM is elevated. Investors should budget normal turnover but not chronic empty units.

How do landlord-tenant laws work in Raton, NM?

NM law landlord-friendly for landlords, and Raton inherits those rules. Investors should still review local ordinances for rental licensing.

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