Housing market/New Mexico/ZIP 87553

ACS 2023 · FY2027 SAFMR

ZIP 87553 Penasco, Taos County, New Mexico

Taos County, NM · New Mexico. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,470
Households
475
Median HH income
$44,219
Renter share
21.9%
Median gross rent
$956
Vacancy
25.1%
Pop. change
+0.1%
2BR SAFMR
$1,230
SAFMR / rent
1.287×
2–49 unit stock
26
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 87553 · NM — sent to you.

ZIP 87553 · NM

ACS median rent$956
2BR SAFMR$1,230
90% floor$1,107
110% ceiling$1,353

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 87553

  • 1-unit detached39061.5%
  • 1-unit attached91.4%
  • 2–4 units193.0%
  • 5–49 units71.1%
  • 50+ units10.2%
  • Mobile20832.8%
TypeUnitsShare
1-unit detached39061.5%
1-unit attached91.4%
2 units (duplex)172.7%
3–4 units20.3%
5–9 units71.1%
10–19 units00.0%
20–49 units00.0%
50+ units10.2%
Mobile20832.8%

2–4 unit share 3.0% · 5–49 unit share 1.1% · combined 2–49 4.1%.

Units by bedrooms

Studio
9
1BR
41
2BR
129
3BR
347
4BR
93
5+
15

Rent burden

Rent ≥30% of income23.1%
Rent ≥50% of income8.6%
  • ACS median gross rent $956 (all bedrooms, occupied rentals).
  • Median contract rent $609.
  • Renters paying ≥30% of income 23.1%; ≥50% 8.6%.
  • FY2027 2BR SAFMR $1,230 (1.287× ACS median gross rent).

Population

1,470 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 87553 21.9% of occupied households are renters; vacancy is 25.1%; ACS median gross rent is $956; population increased +0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 19 units in 2–4-unit structures and 7 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,230 versus ACS median gross rent of $956. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

New Mexico research

ZIP 87553 is a Census / HUD profile for Taos County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Mexico research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 87553?

ZIP 87553 (Taos County, NM) has 1,470 residents, 475 households, a renter share of 21.9%, median household income of $44,219, and ACS 2023 median gross rent of $956. Vacancy is 25.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 87553?

ACS counts 17 units in 2-unit buildings, 2 in 3–4 unit buildings, 7 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 26 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 87553?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,230. See the full schedule and 90–110% payment-standard band on the ZIP 87553 — Penasco, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 87553 is Census / HUD research for Taos County, NM. Jeff Crowe CRE does not list New Mexico property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.