Real Estate Investing in Hurley, New Mexico (88043)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 88043 (Hurley, NM)? Our answer, based on the numbers below.
Mixed — values have been flat. OK for long-horizon buyers, less attractive if you may need to sell soon.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 23.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.5% CAGR).
- 1-year downturn: Values declined 3.3% in the last year.
- Lower household income: $37,868 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hurley, NM (88043)?
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Market Analysis: 88043 Hurley
ZIP 88043 in Hurley, NM carries a impressive set of headwinds. Home values near $108K and rents of $1,017/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 88043 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 88043 among NM's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Resident income in 88043 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
Distressed ZIPs reward experience. resilient returns are possible in 88043, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hurley:
Market Trends
Home Value History (with trend line)
📊 How Does 88043 Compare?
| Metric | 88043 | Hurley | Silver City, NM | New Mexico |
|---|---|---|---|---|
| Home Value | $108,174 | $108,174 | N/A | $308,799 |
| 5-Year CAGR | 1.5% | 1.5% | N/A | 7.3% |
| Avg Rent | $1,017 | $1,017 | N/A | - |
| Cap Rate | 7.3% | 7.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 88043 (Hurley, NM). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $108,174 |
| Monthly Rent | $1,017 |
| Price-to-Rent | 8.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.3% |
| Cap Rate | 7.3% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | -7.1% ▼ |
| 5-Year CAGR | +1.5% ▲ |
| 10-Year CAGR | +2.6% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (7.3%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 88043
Population: 1,218
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 88043
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
Investor Insight: With 1,349 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Hurley, NM?
Hurley, NM median home values land near $108K. That is reasonable territory for investors looking at $1,017/mo-per-month rentals.
Are eviction rules reasonable in Hurley, NM?
Landlord-friendliness in Hurley, NM is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is the tenant base reliable in Hurley, NM?
Hurley, NM draws a stable base of working renters. Demand at the $1,017/mo rent level is reasonable for standard single-family and small multi rentals.
Is vacancy a concern in Hurley, NM?
Hurley, NM sees elevated vacancy, which is reasonable relative to the broader NM rental market.
What real estate strategy is ideal for Hurley, NM?
A careful cash-flow rentals with hands-on management strategy Hurley, NM best. The market produces predictable results for that approach at the $108K price point.
You know 88043 now. You don’t know where it ranks.
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How 88043 ranks in Silver City, NM
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