Housing market/New Mexico/ZIP 88043

ACS 2023 · FY2027 SAFMR

ZIP 88043 Hurley, 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
1,218
Households
587
Median HH income
$41,917
Renter share
20.6%
Median gross rent
$807
Vacancy
31.7%
Pop. change
-22.6%
2BR SAFMR
$1,060
SAFMR / rent
1.314×
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 88043 · NM — sent to you.

ZIP 88043 · NM

ACS median rent$807
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 88043

  • 1-unit detached66577.4%
  • Mobile19422.6%
TypeUnitsShare
1-unit detached66577.4%
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%
Mobile19422.6%

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

Units by bedrooms

Studio
0
1BR
113
2BR
363
3BR
365
4BR
18
5+
0

Rent burden

Rent ≥30% of income47.9%
Rent ≥50% of income26.5%
  • ACS median gross rent $807 (all bedrooms, occupied rentals).
  • Median contract rent $540.
  • Renters paying ≥30% of income 47.9%; ≥50% 26.5%.
  • FY2027 2BR SAFMR $1,060 (1.314× ACS median gross rent).

Population

1,218 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -22.6%.

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 88043 20.6% of occupied households are renters; vacancy is 31.7%; ACS median gross rent is $807; population changed -22.6% 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; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $807. 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 88043 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 88043?

ZIP 88043 (Grant County, NM) has 1,218 residents, 587 households, a renter share of 20.6%, median household income of $41,917, and ACS 2023 median gross rent of $807. Vacancy is 31.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 88043?

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 88043?

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 88043 — Hurley, NM HUD Section 8 Payment Standards / SAFMR.

Does this New Mexico ZIP profile include Georgia listings?

No. ZIP 88043 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.