Housing market/New Mexico/ZIP 87558

ACS 2023 · FY2027 SAFMR

ZIP 87558 Red River, 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
1,050
Households
523
Median HH income
$46,794
Renter share
39.2%
Median gross rent
$935
Vacancy
64.4%
Pop. change
+139.2%
2BR SAFMR
$1,160
SAFMR / rent
1.241×
2–49 unit stock
526
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 87558 · NM — sent to you.

ZIP 87558 · NM

ACS median rent$935
2BR SAFMR$1,160
90% floor$1,044
110% ceiling$1,276

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

Housing stock

ACS 2023 units-in-structure · ZCTA 87558

  • 1-unit detached79554.1%
  • 1-unit attached362.5%
  • 2–4 units1147.8%
  • 5–49 units41228.0%
  • 50+ units141.0%
  • Mobile986.7%
TypeUnitsShare
1-unit detached79554.1%
1-unit attached362.5%
2 units (duplex)332.2%
3–4 units815.5%
5–9 units24316.5%
10–19 units573.9%
20–49 units1127.6%
50+ units141.0%
Mobile986.7%

2–4 unit share 7.8% · 5–49 unit share 28.0% · combined 2–49 35.8%.

Units by bedrooms

Studio
137
1BR
111
2BR
519
3BR
637
4BR
65
5+
0

Rent burden

Rent ≥30% of income78.5%
Rent ≥50% of income73.2%
  • ACS median gross rent $935 (all bedrooms, occupied rentals).
  • Median contract rent $721.
  • Renters paying ≥30% of income 78.5%; ≥50% 73.2%.
  • FY2027 2BR SAFMR $1,160 (1.241× ACS median gross rent).

Population

1,050 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +139.2%.

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 87558 39.2% of occupied households are renters; vacancy is 64.4%; ACS median gross rent is $935; population increased +139.2% between the 2018 and 2023 ACS vintages; the housing stock includes 114 units in 2–4-unit structures and 412 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $935. 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 87558 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 87558?

ZIP 87558 (Taos County, NM) has 1,050 residents, 523 households, a renter share of 39.2%, median household income of $46,794, and ACS 2023 median gross rent of $935. Vacancy is 64.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 87558?

ACS counts 33 units in 2-unit buildings, 81 in 3–4 unit buildings, 243 in 5–9, 57 in 10–19, and 112 in 20–49. Combined 2–49 unit stock is 526 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 87558?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 87558 — Red River, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 87558 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.