Alamogordo, NM

Alamogordo, NM real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation
: 3.4%/yr.
Rent growth
: 3.1%/yr.
Median cap rate
: 4.4%.
Median IRR
: 6.0%.
Median rental home value
: $234,100.
Median rental rate
: $962/mo.
Median property tax
: $902/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

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ZIP codes in Alamogordo, NM

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