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Best places to buy a rental property in New Mexico

Ranked by the engine's tracked 5-year appreciation across 5 covered markets in New Mexico, snapshot 2026-10-29. Appreciation history is context, not a forecast.
MarketHome value3y5y10yActive listings
Albuquerque$293,75012.9%39.4%122.1%2,670
Rio Rancho$327,2856.6%32.4%108.9%-
Santa Fe$585,8244.1%21.8%94.5%-
Las Cruces$385,014-4.3%16.6%50.6%-

Full list: every tracked market in New Mexico with 5-year appreciation data below.

All states · Forum

All figures are engine estimates from the LumosTerra tracked-data snapshot as of 2026-10-29. They are starting points, not recommendations - verify rents, comps and local rules before acting on any of them.

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