Performance indicators for the Belen short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
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Top-Earners Revenue
The highest-performing listings in Belen.
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Challenging to Investors
STRs are explicitly allowed and taxed (5% Belen Lodgers Tax plus NM Gross Receipts), but the city’s STR licensing, zoning, and safety requirements aren’t documented in the sources, forcing owners to verify with local authorities and creating compliance uncertainty that raises investor risk.
Local STR Agent
STR specialist · Belen, NM
Belén (; Spanish: Belén) is the second most populated city in Valencia County, New Mexico, the United States, after its county seat, Los Lunas. The population was 7,360 as of the 2020 Census. Belén is Spanish for Bethlehem. It gained the nickname "Hub City" after the Atchison, Topeka and Santa Fe Railway completed a line through it in 1907. The city is geographically near the center of New Mexico, and is a significant transportation hub that includes access to rails, Interstate Highway 25, and air at Valencia County's only public airport. Belén is at the southern end of the Albuquerque Metropolitan Statistical Area. The city is located 35 miles south of Albuquerque.