RentalCalcs
ToolsMarket MapMy DealsPricingBlog
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Top Markets

  • Maricopa County, AZ
  • Harris County, TX
  • San Diego County, CA
  • Miami-Dade County, FL
  • Dallas County, TX
  • Clark County, NV
  • Cook County, IL
  • Tarrant County, TX
  • Wayne County, MI
  • Orange County, CA
  • Browse All Markets →

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2026 RentalCalcs. All rights reserved.

Market MapNew MexicoSan Miguel

San Miguel County

New MexicoPopulation: 27,215
71
/100
Buy
#103 of 1,000 counties
#1 in New Mexico (30 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated May 18, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$256,676
Median Home Price
10% above national median
$15,241/mo
Est. Rent
Based on regional data
5.94%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
71/100
71
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
84/100

Based on 8.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
75/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Strong price appreciation (+8.2% YoY)
  • +Affordable relative to local incomes

Challenges

  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
27,215
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Best for
  • +Appreciation buyers: YoY growth is meaningfully above the long-run average
Skip if
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
CurrentSan MiguelNM
71$256,676Est. pending—Buy
LeaNM
70$189,259$1,3638.64%BuyView
CibolaNM
68$154,549Est. pending—BuyView
RooseveltNM
66$141,276$9978.47%BuyView
OteroNM
64$227,246$1,4897.87%BuyView
ValenciaNM
64$304,037$1,9297.62%BuyView

The Bottom Line

BuySan Miguel offers solid investment potential with positive cash flow at typical financing.

San Miguel County in New Mexico scores 71/100, ranking #103 of 1,000 US counties (top 14%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

Related markets

Markets like San Miguel with stronger cash flow

  • Lea County for cash-flow rentals
  • Roosevelt County for cash-flow rentals
  • Otero County for cash-flow rentals

Cheaper alternatives to San Miguel

  • Roosevelt County, lower entry price
  • Cibola County, lower entry price
  • Lea County, lower entry price

Head-to-head comparisons

  • San Miguel vs Lea for rentals
  • San Miguel vs Cibola for rentals
  • San Miguel vs Roosevelt for rentals
All counties in New Mexico →

Ready to Analyze a Deal in San Miguel?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRRHouse HackOwner-occupied strategyMultifamily5+ unit properties
Explore Other Markets