Housing market/New Mexico/ZIP 88028

ACS 2023 · FY2027 SAFMR

ZIP 88028 Cliff, Grant County, New Mexico

Grant 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.

Population
247
Households
124
Median HH income
$34,167
Renter share
10.5%
Median gross rent
—
Vacancy
38.3%
Pop. change
-9.2%
2BR SAFMR
$1,070
SAFMR / rent
—
2–49 unit stock
16
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 88028 · NM — sent to you.

ZIP 88028 · NM

2BR SAFMR$1,070
90% floor$963
110% ceiling$1,177

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 88028

  • 1-unit detached8843.8%
  • 2–4 units168.0%
  • Mobile9748.3%
TypeUnitsShare
1-unit detached8843.8%
1-unit attached00.0%
2 units (duplex)168.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile9748.3%

2–4 unit share 8.0% · 5–49 unit share 0.0% · combined 2–49 8.0%.

Units by bedrooms

Studio
5
1BR
0
2BR
54
3BR
134
4BR
8
5+
0

Rent burden

Rent ≥30% of income0.0%
Rent ≥50% of income0.0%
  • Renters paying ≥30% of income 0.0%; ≥50% 0.0%.

Population

247 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -9.2%.

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 88028 10.5% of occupied households are renters; vacancy is 38.3%; population changed -9.2% between the 2018 and 2023 ACS vintages; the housing stock includes 16 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 88028 is a Census / HUD profile for Grant County, NM. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 88028?

ZIP 88028 (Grant County, NM) has 247 residents, 124 households, a renter share of 10.5%, median household income of $34,167, and ACS 2023 median gross rent of —. Vacancy is 38.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 88028?

ACS counts 16 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 16 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 88028?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,070. See the full schedule and 90–110% payment-standard band on the ZIP 88028 — Cliff, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 88028 is Census / HUD research for Grant 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.