Housing market/New Mexico/ZIP 88061
ZIP 88061 Silver City, Grant County, New Mexico
Grant 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 88061 · NM — sent to you.
ZIP 88061 · NM
ACS rent vs 2BR SAFMR
ZIP 88061 — Silver City, 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 88061
- 1-unit detached5,24358.5%
- 1-unit attached1481.7%
- 2–4 units5756.4%
- 5–49 units5956.6%
- 50+ units550.6%
- Mobile2,35126.2%
2–4 unit share 6.4% · 5–49 unit share 6.6% · combined 2–49 12.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $841 (all bedrooms, occupied rentals).
- Median contract rent $686.
- Renters paying ≥30% of income 44.6%; ≥50% 23.3%.
- FY2027 2BR SAFMR $1,110 (1.320× ACS median gross rent).
Population
17,546 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -1.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 6 projects, 267 units.
- HUD project-based assisted MF: 2 properties, 54 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 88061 29.4% of occupied households are renters; vacancy is 21.1%; ACS median gross rent is $841; population changed -1.3% between the 2018 and 2023 ACS vintages; the housing stock includes 575 units in 2–4-unit structures and 595 units in 5–49-unit structures; 6 LIHTC projects totaling 267 units; FY2027 2BR SAFMR is $1,110 versus ACS median gross rent of $841. 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 88061 is a Census / HUD profile for Grant County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 88061 — Silver City, 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 88061?
ZIP 88061 (Grant County, NM) has 17,546 residents, 7,138 households, a renter share of 29.4%, median household income of $47,099, and ACS 2023 median gross rent of $841. Vacancy is 21.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 88061?
ACS counts 249 units in 2-unit buildings, 326 in 3–4 unit buildings, 164 in 5–9, 415 in 10–19, and 16 in 20–49. Combined 2–49 unit stock is 1,170 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 88061?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 88061 — Silver City, NM HUD Section 8 Payment Standards / SAFMR.
Does this New Mexico ZIP profile include Georgia listings?
No. ZIP 88061 is Census / HUD research for Grant 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.