Housing market/New Mexico/ZIP 87020
ZIP 87020 Grants, McKinley County, New Mexico
McKinley County, NM · New Mexico. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 87020 · NM — sent to you.
ZIP 87020 · NM
ACS rent vs 2BR SAFMR
ZIP 87020 — Grants, NM HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 87020
- 1-unit detached2,76460.2%
- 1-unit attached681.5%
- 2–4 units51011.1%
- 5–49 units3457.5%
- 50+ units661.4%
- Mobile84018.3%
2–4 unit share 11.1% · 5–49 unit share 7.5% · combined 2–49 18.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $741 (all bedrooms, occupied rentals).
- Median contract rent $573.
- Renters paying ≥30% of income 47.7%; ≥50% 26.4%.
- FY2027 2BR SAFMR $1,040 (1.404× ACS median gross rent).
Population
11,874 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +6.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 80 units.
- HUD project-based assisted MF: 4 properties, 184 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 87020 36.1% of occupied households are renters; vacancy is 15.2%; ACS median gross rent is $741; population increased +6.3% between the 2018 and 2023 ACS vintages; the housing stock includes 510 units in 2–4-unit structures and 345 units in 5–49-unit structures; 1 LIHTC projects totaling 80 units; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $741. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
New Mexico research
ZIP 87020 is a Census / HUD profile for McKinley County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 87020 — Grants, NM HUD Section 8 Payment Standards / SAFMR·New Mexico ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is New Mexico research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 87020?
ZIP 87020 (McKinley County, NM) has 11,874 residents, 3,893 households, a renter share of 36.1%, median household income of $67,511, and ACS 2023 median gross rent of $741. Vacancy is 15.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 87020?
ACS counts 38 units in 2-unit buildings, 472 in 3–4 unit buildings, 253 in 5–9, 31 in 10–19, and 61 in 20–49. Combined 2–49 unit stock is 855 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 87020?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 87020 — Grants, NM HUD Section 8 Payment Standards / SAFMR.
Does this New Mexico ZIP profile include Georgia listings?
No. ZIP 87020 is Census / HUD research for McKinley County, NM. Jeff Crowe CRE does not list New Mexico property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.