Real Estate Investing in Dona Ana County, New Mexico

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

20 ZIP codes • Population: 229,563

Should you buy in Dona Ana County, NM? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (55/100)

Mixed β€” home prices are stretched relative to local incomes. Run the math on your specific situation.

πŸ“ˆ For Investors
MIXED
3.0 / 5 (46/100)

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

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.4% vacancy may signal weakening demand.
  • Elevated poverty: 20.3% poverty rate β€” can affect rent collection.

What’s happening in Dona Ana County, NM?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $255,679
Avg Monthly Rent $1,067
ZIP Codes 20

Investing in Dona Ana County Real Estate

Across Dona Ana County's 20 ZIPs, the picture is muted β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

The investment case for Dona Ana County is difficult to make on screen data alone. a harder case for a 3.0 rating and cap rates that appear attractive only until real vacancy is underwritten.

Demographics in Dona Ana show real pressure β€” $N/AK median income is lackluster relative to rents, and the 0% renter share includes significant cost-burdened households.

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 Dona Ana County, NM. Anonymous, moderated, never written by AI.

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Avg Home Value
$255,679
Avg Monthly Rent
$1,067
1% Rule
βœ— Below
Landlord Friendly (NM)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Las Cruces, NM metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
63%
Days Pending
2/2
82 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Dona Ana County

5 Colleges 22,886 Students 6,179 Off-Campus Renters
B
New Mexico State University-Main Campus
4-Year Public Β· 14,779 students
πŸ“ ~2,748 students rent off-campus
C
New Mexico State University-Dona Ana
2-Year Public Β· 6,849 students
πŸ“ ~3,431 students rent off-campus
C
Olympian Academy of Cosmetology
Vocational For-Profit Β· 538 students
C
Burrell College of Osteopathic Medicine
4-Year For-Profit Β· 687 students
D
Glitz School of Cosmetology
Vocational For-Profit Β· 33 students

Investor Insight: With 6,179 students living off-campus, Dona Ana County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Dona Ana County

ZIP Codes in Dona Ana County, NM

88001 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Population 38,972
Avg Home $206,958
Avg Rent $963/mo
88012 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Population 32,888
Avg Home $294,845
Avg Rent $1,787/mo
88011 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Population 31,143
Avg Home $358,248
Avg Rent $1,465/mo
88005 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Population 27,017
Avg Home $276,928
Avg Rent $1,169/mo
88007 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Population 25,750
Avg Home $327,750
Avg Rent $1,536/mo
88081 β˜… β˜… β˜… β˜… β˜…
Chaparral
Population 18,334
Avg Home $215,336
Avg Rent $873/mo
88021 β˜… β˜… β˜… β˜… β˜…
Anthony
Population 16,102
Avg Home $237,436
Avg Rent $873/mo
88008 β˜… β˜… β˜… β˜… β˜…
Santa Teresa
Population 11,776
Avg Home $316,382
Avg Rent $1,670/mo
88063 β˜… β˜… β˜… β˜… β˜…
Santa Teresa
Population 11,282
Avg Home $247,803
Avg Rent $873/mo
87937 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Population 3,341
Avg Home $170,262
Avg Rent $873/mo
88048 β˜… β˜… β˜… β˜… β˜…
Mesquite
Population 3,325
Avg Home $209,538
Avg Rent $873/mo
88072 β˜… β˜… β˜… β˜… β˜…
Vado
Population 2,689
Avg Home $259,434
Avg Rent $873/mo
88044 β˜… β˜… β˜… β˜… β˜…
La Mesa
Population 2,684
Avg Home $296,997
Avg Rent $900/mo
88047 β˜… β˜… β˜… β˜… β˜…
La Mesa
Population 1,410
Avg Home $353,595
Avg Rent $963/mo
87941 β˜… β˜… β˜… β˜… β˜…
Garfield
Population 899
Avg Home $176,506
Avg Rent $936/mo
88046 β˜… β˜… β˜… β˜… β˜…
Mesilla
Population 725
Avg Home $284,960
Avg Rent $1,008/mo
88024 β˜… β˜… β˜… β˜… β˜…
Anthony
Population 546
Avg Home $235,202
Avg Rent $873/mo
87940 β˜… β˜… β˜… β˜… β˜…
Rincon
Population 431
Avg Home $261,033
Avg Rent $954/mo
87936 β˜… β˜… β˜… β˜… β˜…
Garfield
Population 249
Avg Home $185,985
Avg Rent $936/mo
88032 β˜… β˜… β˜… β˜… β˜…
Las Cruces
Avg Home $198,383
Avg Rent $936/mo

Screen every market in Dona Ana County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Dona Ana County

Where do home prices stand in, NM?

Expect median prices around $256K in, NM. The market has run at a 0.0% 5-year CAGR, so entry costs have been consistent.

What is the renter demographic in, NM?

Tenant demand in, NM is solid. The local workforce $1,067/mo rents across most rental classes.

What is the best play in, NM?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in, NM. The numbers - $256K homes against $1,067/mo rents - support that play.

Is investability higher in, NM than across NM?

Relative to NM as a whole, ranks broadly in line with. The local 3.0/5 score summarizes the position.

Community Ratings

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