Socorro, NM
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Socorro short-term rental market based on reliable data.
Listings
5 / 13
Reliable / Active
Cap Rate
16%
Middle-Earners Gross Yield
Revenue
$30,258
Middle-Earners Revenue
Occupancy
57%
Middle-Earners Occupancy
Home Value
$186,910
Median Home Sale Price
Top Earners
$33,877
Top-Earners Revenue
Socorro
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Socorro.
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Generally Investor friendly
Socorro Regulations
Short-term rentals are explicitly allowed and regulated through a straightforward online permit, standard safety and zoning checks, and clear tax obligations (GRT and lodgers’ tax). No explicit caps are mentioned, and compliance is procedural rather than prohibitive. Enforcement is active but not overly burdensome, keeping investor risk manageable.
Local STR Agent
STR specialist · Socorro, NM
About Socorro
Socorro (, sə-KOR-oh) is a city in Socorro County in the U.S. state of New Mexico. It is in the Rio Grande Valley at an elevation of 4,579 feet (1,396 m). In 2010 the population was 9,051. It is the county seat of Socorro County. Socorro is located 74 miles (119 km) south of Albuquerque and 146 miles (235 km) north of Las Cruces. The instruments used by the LINEAR program are located at Lincoln Laboratory's Experimental Test Site (ETS) on the White Sands Missile Range (WSMR) near Socorro, New Mexico.