Real Estate Investing in Rio Rancho, New Mexico (87144)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 87144 (Rio Rancho, NM)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Rio Rancho, NM (87144)?
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Market Analysis: 87144 Rio Rancho
Not every below-median market is a bargain. Rio Rancho's 87144 ZIP reflects signals that favor experienced operators who can absorb the risk $377K pricing implies.
Stepping back, the numbers look inviting — $377K purchase price, 0.0% nominal cap — the work to hit that pro forma in 87144 is substantial and deserves full respect.
Meanwhile, 87144 offers a low basis, the region around Rio Rancho has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Demographically, 87144 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Strategy in 87144 is an operator game, not a passive one. On the rental side, entry prices of $377K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Rio Rancho:
Property Strategy for 87144
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $246,225 | $2,050 | 6.0% | +10.7% | $123,113 |
| 3BR | $342,859 | $2,850 | 6.0% | +8.8% | $114,286 |
| 4BR | $407,690 | $3,360 | 5.9% | +7.7% | $101,922 |
| 5BR | $466,755 | — | — | +7.4% | $93,351 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 87144 Compare?
| Metric | 87144 | Rio Rancho | Albuquerque, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $377,019 | $364,479 | N/A | $308,799 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 7.3% |
| Avg Rent | $2,187 | $1,940 | N/A | - |
| Cap Rate | 4.5% | 4.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 87144 (Rio Rancho, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $377,019 |
| Monthly Rent | $2,187 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.5% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 Rent Trends
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 87144
Population: 49,976
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 87144
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the investability score for Rio Rancho, NM?
Rio Rancho, NM registers an investability rating of 3.0/5, with median home values near $377K and average rents around $2,187/mo. That combination puts it in the solid tier for investor interest.
Which investment style suits Rio Rancho, NM?
Investors usually favor careful cash-flow rentals with hands-on management in Rio Rancho, NM. With home values at $377K and rents near $2,187/mo, other strategies can work but produce measured rather than outsized returns.
How much is rent in Rio Rancho, NM?
Rents in Rio Rancho, NM run near $2,187/mo. Compared with median home prices of $377K that produces solid gross yields for typical rentals.
How much should I expect to pay for a home in Rio Rancho, NM?
Expect median prices around $377K in Rio Rancho, NM. The market has run at a 0.0% 5-year CAGR, so entry costs have been measured.
How strong is tenant demand in Rio Rancho, NM?
Working renters make up the core of the Rio Rancho, NM tenant base. The pool is reasonable for investors targeting long-term holds.
You know 87144 now. You don’t know where it ranks.
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How 87144 ranks in Albuquerque, NM
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