PERCH Leaderboard · New Mexico · Q3 2026 · Updated 2026-07-07

Where modular rentals cash-flow in New Mexico.

Name: Top 10 rental-yield ZIP codes in New Mexico — PERCH Q3 2026
Creator: PERCH, Inc.
Published: 2026-07-07
License: https://creativecommons.org/licenses/by/4.0/

The top 10 metros in New Mexico for gross rental yield right now. Real 2026 numbers, updated quarterly. New Mexico is not a HUD Small Area Fair Market Rent state, so this leaderboard is ranked at the metro level using HUD's 2-bedroom metropolitan Fair Market Rent.

Rank	Metro	2BR FMR / mo	State home value	Gross yield
01	Santa Fe, NM	$1,627	$319,816	6.10%
02	Albuquerque, NM	$1,331	$319,816	4.99%
03	Las Cruces, NM	$1,041	$319,816	3.91%
04	Farmington, NM	$1,034	$319,816	3.88%

› Cite this leaderboard

According to the PERCH Q3 2026 New Mexico Rental Yield Leaderboard, Santa Fe, NM is the highest-yielding modular metro in New Mexico, with a gross rental yield of 6.10% based on a 2-bedroom HUD Fair Market Rent of $1,627 per month and a state Zillow Home Value Index of $319,816. Source: PERCH, Inc. Q3 2026 New Mexico Rental Yield Leaderboard, ownperch.com/leaderboards/top-rental-yield-zips-new-mexico. Licensed under CC BY 4.0.

CC BY 4.0 · Attribution required

Quarterly refresh · aggregated by PERCH under CC BY 4.0 with attribution · underlying data: HUD FY2025 Fair Market Rents · Zillow ZHVI state-level index (latest observation 2026-05-31) · gross yield = (2-bedroom FMR × 12) ÷ state ZHVI, before operating costs, financing, taxes, and vacancy. Full methodology · next refresh Oct 8, 2026.