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Roswell, NM
Challenging To Investors
Local STR Agent
Local STR Agent

Short-term rentals are explicitly allowed in Roswell, NM through a comprehensive licensing and regulatory framework. The City of Roswell permits STR operations provided operators obtain the required short-term rental registration, business license, and comply with all applicable zoning, safety, and tax requirements. Properties must be operated as primary residences with proper documentation and ongoing compliance with municipal ordinances.
Roswell hosts earn a median $21,913/year with $121 ADR and 67% occupancy.
Top performers pull in $31,822+ per year.
See the full Roswell market breakdownStep 1: Obtain New Mexico Tax ID
Step 2: Complete Short-Term Rental Registration Application
Step 3: Schedule Required Inspections
Step 4: Submit Documentation for Review
Step 5: Obtain Business License
Step 6: Begin Tax Collection
Per municipal code, all STR properties must have:
Primary Residence Requirement
Accessory Dwelling Units (ADUs)
Local Contact Requirements
Operational Standards
Zoning Compliance
Tax Obligations
General Compliance
Finance Department (Licensing and Registration)
Business License Clerk
Fire Marshal Office (Inspections)
Building Inspection Office
Planning and Zoning Department
General City Contact
Chaves County
New Mexico Taxation and Revenue Department
Official City Resources
Additional Resources
Note: This guide is based on current municipal regulations as of the provided information. STR regulations may be updated periodically. Investors should verify current requirements with the City of Roswell Finance Department before proceeding with any investments or registrations.
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Roswell is a small city in southeastern New Mexico and the seat of Chaves County. With a population of roughly 48,000, it carries a quirky, kitschy-meets-cosmic reputation that has long outgrown its modest size. Best known worldwide for the supposed 1947 UFO incident and the alleged recovery of a flying saucer, Roswell leans fully into its extraterrestrial lore, but it also serves as a practical gateway to the Sacramento Mountains, the Pecos River valley, and the high desert landscapes of the Llano Estacado. The nearest major city is Albuquerque, about 200 miles to the northwest, a drive of roughly three hours.
The anchor of Roswell's identity sits along Main Street in the historic downtown, where the International UFO Museum and Research Center occupies a former movie theater. The museum's exhibits cover the 1947 incident, broader UFO history, and related pop-culture phenomena, and it draws tens of thousands of visitors each year, especially during the city's annual UFO Festival in early July. A short walk from there leads to the district's preserved mid-century architecture, locally owned diners, and alien-themed storefronts that give the downtown its unmistakable character.
About fifteen miles southeast of town, Bottomless Lakes State Park offers a welcome change of pace. A series of deep, blue sinkhole lakes carved into the gypsum plains, the park is popular for swimming, scuba diving in its chilly waters, and picnicking along the limestone cliffs. It is roughly a twenty-minute drive from central Roswell and provides an easy half-day excursion for visitors who want to pair alien lore with classic New Mexico outdoor scenery.
Within the city itself, the Roswell Museum and Art Center highlights a different thread of local history. Its galleries showcase regional art and the legacy of Robert H. Goddard, who conducted pioneering rocket tests on the surrounding high plains in the 1930s, making Roswell an unlikely but real early home of American rocketry. South of town, the Bitter Lake National Wildlife Refuge draws birders in season, while the Sacramento Mountains and the village of Ruidoso lie about an hour and a half to the southwest, offering cooler pine forests, ski runs in winter, and a traditional Western small-town feel.
Roswell's appeal for short-term rentals comes from a stack of motivations that rarely overlap in one market. The UFO draw delivers a steady, offbeat tourist current that peaks around the summer festival, while the surrounding state park, mountains, and wildlife refuge add nature-based reasons to stay longer. With a serviceable lodging base, a distinct identity that essentially markets itself, and ready access to both the desert and the alpine Southwest, the city offers investors a destination where themed tourism and conventional outdoor travel comfortably coexist.
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