Housing market/New Mexico/ZIP 87823
ZIP 87823 Lemitar, Socorro County, New Mexico
Socorro 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
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 87823 · NM — sent to you.
ZIP 87823 · NM
ACS rent vs 2BR SAFMR
ZIP 87823 — Lemitar, 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 87823
- 1-unit detached16544.4%
- Mobile20755.6%
2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.
Units by bedrooms
Population
558 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -51.4%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- HUD project-based assisted MF: not published for this ZIP.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 87823 0.0% of occupied households are renters; vacancy is 37.1%; population changed -51.4% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. 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 87823 is a Census / HUD profile for Socorro County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 87823 — Lemitar, 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 87823?
ZIP 87823 (Socorro County, NM) has 558 residents, 234 households, a renter share of 0.0%, median household income of $90,707, and ACS 2023 median gross rent of —. Vacancy is 37.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 87823?
ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is — units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 87823?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 87823 — Lemitar, NM HUD Section 8 Payment Standards / SAFMR.
Does this New Mexico ZIP profile include Georgia listings?
No. ZIP 87823 is Census / HUD research for Socorro 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.