REI Lense

REI Lense

Las Cruces, NM Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Las Cruces, NM. Based on 20+ datapoints.

Las Cruces, NM Short-Term Rental / Airbnb Investment Snapshot

Based on 20+ short-term rental / airbnb datapoints

Median Cap Rate

4.1%

Avg Cash on Cash

-9.4%

Median Cashflow

-$642/mo

Avg Rent Estimate

$2,709/mo

Avg Price

$350,375

Price Range

$225,000 - $539,000

Rent to Price

0.77%

okay ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Las Cruces, NM

Las Cruces, NM is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.1%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 20+ analyzed properties, Las Cruces, NM STR investments show a median monthly cashflow of -$642 with an average estimated nightly-rate-adjusted revenue of $2,709/month. These figures reflect real property data, not projections.

5074 La Cueva Mine Trl, Las Cruces, NM 88011

Price

$372,000

Rent

$2,304

CachFlow

-$978

CoC

-12.21

Full Analysis

5150 Big Sky Dr, Las Cruces, NM 88012

Price

$375,000

Rent

$3,013

CachFlow

-$684

CoC

-8.48

Full Analysis

2055 Meteor Dr, Las Cruces, NM 88012

Price

$331,550

Rent

$2,506

CachFlow

-$644

CoC

-8.82

Full Analysis

3936 Pineridge Run, Las Cruces, NM 88012

Price

$290,000

Rent

$2,374

CachFlow

-$417

CoC

-6.34

Full Analysis

727 Mesa Point Rd, Las Cruces, NM 88011

Price

$390,000

Rent

$2,947

CachFlow

-$689

CoC

-8.28

Full Analysis
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Las Cruces, NM Airbnb Market Insights

  • Median cashflow is -$642/month — careful deal selection is essential here
  • 4.1% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Las Cruces, NM requires selective property picks
  • Mid-to-upper tier market with properties from $225,000 to $539,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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