Housing market/New Mexico/ZIP 87801
ZIP 87801 Socorro County, New Mexico
Socorro 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 87801 · NM — sent to you.
ZIP 87801 · NM
ACS rent vs 2BR SAFMR
ZIP 87801 — Socorro, NM HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 87801
- 1-unit detached2,20651.6%
- 1-unit attached350.8%
- 2–4 units3047.1%
- 5–49 units2596.1%
- 50+ units1323.1%
- Mobile1,33631.3%
2–4 unit share 7.1% · 5–49 unit share 6.1% · combined 2–49 13.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $676 (all bedrooms, occupied rentals).
- Median contract rent $532.
- Renters paying ≥30% of income 52.6%; ≥50% 22.4%.
- FY2027 2BR SAFMR $1,030 (1.524× ACS median gross rent).
Population
9,309 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -4.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 8 projects, 45 units.
- HUD project-based assisted MF: 2 properties, 96 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 87801 36.1% of occupied households are renters; vacancy is 28.8%; ACS median gross rent is $676; population changed -4.5% between the 2018 and 2023 ACS vintages; the housing stock includes 304 units in 2–4-unit structures and 259 units in 5–49-unit structures; 8 LIHTC projects totaling 45 units; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $676. 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 87801 is a Census / HUD profile for Socorro County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 87801 — Socorro, NM HUD Section 8 Payment Standards / SAFMR·New Mexico ZIP directory
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 87801?
ZIP 87801 (Socorro County, NM) has 9,309 residents, 3,042 households, a renter share of 36.1%, median household income of $54,032, and ACS 2023 median gross rent of $676. Vacancy is 28.8%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 87801?
ACS counts 70 units in 2-unit buildings, 234 in 3–4 unit buildings, 77 in 5–9, 154 in 10–19, and 28 in 20–49. Combined 2–49 unit stock is 563 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 87801?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 87801 — Socorro, NM HUD Section 8 Payment Standards / SAFMR.
Does this New Mexico ZIP profile include Georgia listings?
No. ZIP 87801 is Census / HUD research for Socorro 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.