Corrales, NM
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Corrales short-term rental market based on reliable data.
Listings
26 / 74
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$31,067
Middle-Earners Revenue
Occupancy
64%
Middle-Earners Occupancy
Home Value
$686,335
Median Home Sale Price
Top Earners
$50,400
Top-Earners Revenue
Corrales
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Corrales.
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Challenging to Investors
Corrales Regulations
STRs are explicitly allowed but require permits, inspections, tax IDs and a public hearing that typically take 2–3 months. Strict limits (max six rooms, two guests per bedroom), septic-capacity checks, and on‑site parking add burden, while active enforcement and community scrutiny increase investor risk.
Local STR Agent
STR specialist · Corrales, NM
About Corrales
Corrales is a village in southern Sandoval County, New Mexico, United States. First farmed by Tiquex Pueblo people, chosen due to its proximity to the Rio Grande, as documented by Hispano farmers of Nuevo México in the late 1500s. Despite being a part of the Albuquerque metropolitan area, the village maintains its rural character, while also being surrounded by the cities of Albuquerque and Rio Rancho. The population of Corrales was 8,329 at the 2010 Census. The Rio Grande Bosque on the eastern edge of the village provides refuge for native animals and plants, and ancient Pueblo and Hispano acequias continue to be maintained by the United States Department of Agriculture's Natural Resources Conservation Service and the Middle Rio Grande Conservancy District.