Housing market/New Mexico/ZIP 88038

ACS 2023 · FY2027 SAFMR

ZIP 88038 Gila, 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
592
Households
212
Median HH income
—
Renter share
6.6%
Median gross rent
—
Vacancy
0.0%
Pop. change
+73.6%
2BR SAFMR
$1,060
SAFMR / rent
—
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 88038 · NM — sent to you.

ZIP 88038 · NM

2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

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

Housing stock

ACS 2023 units-in-structure · ZCTA 88038

  • 1-unit detached16883.6%
  • Mobile3316.4%
TypeUnitsShare
1-unit detached16879.2%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile3315.6%

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

Units by bedrooms

Studio
11
1BR
0
2BR
164
3BR
31
4BR
6
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

592 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +73.6%.

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 88038 6.6% of occupied households are renters; vacancy is 0.0%; population increased +73.6% 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 88038 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 88038?

ZIP 88038 (Grant County, NM) has 592 residents, 212 households, a renter share of 6.6%, median household income of —, and ACS 2023 median gross rent of —. Vacancy is 0.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 88038?

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 88038?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 88038 — Gila, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 88038 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.