Corrales, NM

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Corrales short-term rental market based on reliable data.

Listings

32 / 76

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$30,496

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$682,749

Median Home Sale Price

Top Earners

$55,359

Top-Earners Revenue

Corrales

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Corrales.

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C

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.

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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.

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