Housing market/New Mexico/ZIP 88435
ZIP 88435 Santa Rosa, Guadalupe County, New Mexico
Guadalupe 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
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 88435 · NM — sent to you.
ZIP 88435 · NM
ACS rent vs 2BR SAFMR
ZIP 88435 — Santa Rosa, 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 88435
- 1-unit detached91058.2%
- 1-unit attached322.0%
- 2–4 units1439.1%
- 5–49 units402.6%
- Mobile43928.1%
2–4 unit share 9.1% · 5–49 unit share 2.5% · combined 2–49 11.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $525 (all bedrooms, occupied rentals).
- Median contract rent $506.
- Renters paying ≥30% of income 23.3%; ≥50% 8.2%.
- FY2027 2BR SAFMR $1,020 (1.943× ACS median gross rent).
Population
3,413 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -9.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 24 units.
- HUD project-based assisted MF: 3 properties, 110 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 88435 19.8% of occupied households are renters; vacancy is 29.6%; ACS median gross rent is $525; population changed -9.9% between the 2018 and 2023 ACS vintages; the housing stock includes 143 units in 2–4-unit structures and 40 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $525. 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 88435 is a Census / HUD profile for Guadalupe County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 88435 — Santa Rosa, 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 88435?
ZIP 88435 (Guadalupe County, NM) has 3,413 residents, 1,108 households, a renter share of 19.8%, median household income of $41,645, and ACS 2023 median gross rent of $525. Vacancy is 29.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 88435?
ACS counts 73 units in 2-unit buildings, 70 in 3–4 unit buildings, 35 in 5–9, 0 in 10–19, and 5 in 20–49. Combined 2–49 unit stock is 183 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 88435?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 88435 — Santa Rosa, NM HUD Section 8 Payment Standards / SAFMR.
Does this New Mexico ZIP profile include Georgia listings?
No. ZIP 88435 is Census / HUD research for Guadalupe 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.