Las Vegas, NM
- Overview
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Key Performance Metrics
Market snapshotPerformance indicators for the Las Vegas short-term rental market based on reliable data.
Listings
47 / 132
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$25,086
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$218,480
Median Home Sale Price
Top Earners
$55,969
Top-Earners Revenue
Las Vegas
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Las Vegas.
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Generally Investor friendly
Las Vegas Regulations
STRs are clearly allowed citywide with no explicit caps, but investors must complete county STR permit, lodging vendor license, city business license, fire/insurance/septic checks, and a Good Neighbor Agreement, plus pay fees ($150/unit first year, $100 renewal, $36 city license) and meet occupancy limits; inspections and penalties (up to $500/day and 2‑year revocation after three violations) add compliance burden, but the process is known and navigable.
Local STR Agent
STR specialist · Las Vegas, NM
About Las Vegas
Las Vegas, often known simply as Vegas, is a city in and the county seat of San Miguel County, New Mexico, United States. Once two separate municipalities (one a city and the other a town), both were named Las Vegas—West Las Vegas ("Old Town") and East Las Vegas ("New Town"); they are separated by the Gallinas River and retain distinct characters and separate, rival school districts. The population was 13,166 at the 2020 census. Las Vegas is located 110 miles (180 km) south of Raton, 65 miles (105 km) east of Santa Fe, 122 miles (196 km) northeast of Albuquerque, 257 miles (414 km) south of Colorado Springs, Colorado, and 326 miles (525 km) south of Denver.