Red River, NM
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Red River short-term rental market based on reliable data.
Listings
256 / 579
Reliable / Active
Cap Rate
10%
Middle-Earners Gross Yield
Revenue
$38,563
Middle-Earners Revenue
Occupancy
43%
Middle-Earners Occupancy
Home Value
$400,181
Median Home Sale Price
Top Earners
$72,448
Top-Earners Revenue
Red River
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Red River.
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Generally Investor friendly
Red River Regulations
STRs are explicitly permitted in R1A/R3 with a straightforward annual permit ($100), modest inspection costs ($50 biennially), and reasonable fees; clear rules and no reported caps, but local-contact requirements, a 12-hour emergency response duty, and fines create a moderate compliance burden.
Local STR Agent
STR specialist · Red River, NM
About Red River
Red River is a small mountain town located in Taos County in northern New Mexico. As of the most recent census data, the town has a population of approximately 477 residents. Red River is situated roughly 36 miles northeast of Taos, the closest major city, making it an accessible yet remote getaway.
The town's charm lies in its scenic beauty and numerous outdoor activities, making it an appealing destination for short-term rentals, particularly for those looking to explore the natural landscape and enjoy recreational opportunities.
Key Landmarks and Attractions
Red River Ski & Summer Area
Perhaps the most prominent attraction, the Red River Ski & Summer Area offers a range of activities throughout the year. In the winter, visitors can enjoy skiing, snowboarding, and snowshoeing. During the summer, the area transforms into a hub for hiking, mountain biking, and chairlift rides, providing captivating views of the surrounding mountains.
Enchanted Circle Scenic Byway
Red River is part of the Enchanted Circle Scenic Byway, an 84-mile loop that traverses the rugged landscape of northern New Mexico. This route offers stunning views of the Sangre de Cristo Mountains, with opportunities for stops in nearby towns and natural attractions along the way.
Carson National Forest
The town is also adjacent to the Carson National Forest, offering extensive trails for hiking, horseback riding, and off-road vehicles. The forest is a popular destination for fishing enthusiasts and wildlife watchers alike, given its diverse flora and fauna.
Red River Community House
A gem for families, the Red River Community House hosts activities and events regularly, from educational programs to social gatherings. In the summer, activities such as dance lessons, nature hikes, and kids’ fishing derby make it a community focal point.
Historic Main Street
Taking a stroll down Red River’s Main Street provides insight into the town’s rich mining history. The area is filled with local shops, restaurants, and bars, making it a lively spot year-round.
Given its range of activities and scenic appeal, Red River, NM, is a prime location for short-term rentals. Visitors can enjoy a unique combination of natural beauty and community-oriented events, making it a well-rounded and attractive destination.