Performance indicators for the Gallup short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Gallup.
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Challenging to Investors
Allowed as an accessory use only via a Conditional Use Permit with occupancy, parking, and site‑specific constraints and revocation risk; manageable for owner‑operators but adds subjectivity, public hearings, and operational limits that deter larger investor‑scale STRs.
Local STR Agent
STR specialist · Gallup, NM
Gallup ( Navajo: Naʼnízhoozhí) /nɑ̀ʔnɪ́ʒòːʒɪ́/; Zuni: Kalabwaki) is a city in McKinley County, New Mexico, United States, with a population of 21,899 as of the 2020 census. A substantial percentage of its population is Native American, with residents from the Navajo, Hopi, and Zuni tribes. Gallup is the county seat of McKinley County and the most populous city between Flagstaff and Albuquerque, along historic U.S. Route 66. Gallup is known as the "Heart of Indian Country" because it is on the edge of the Navajo reservation and is home to members of many other tribes, as well.The City of Gallup and McKinley County are part of the ancestral, cultural and present day homeland of the Navajo (Diné) & the Zuni (A:shiwi). The city is on the Trails of the Ancients Byway, one of the designated New Mexico Scenic Byways.Because of the nearby rugged terrain, it was a popular location in the 1940s and 1950s for Hollywood Westerns.