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  4. Corrales

Corrales, New Mexico

Short-Term Rental Market Data & Investment Analysis

Corrales, New Mexico Short-Term Rental Market

AMarket Score 86/100

Quick Answer: Corrales, New Mexico is an active short-term rental market. average occupancy is 66%. average monthly revenue is $2,409. average daily rate is $141. the top operator is Evolve with 77 listings. market score is 86/100 (grade A).

Avg Monthly Revenue
$2,409
↓ 1.5% YoY
66%
Occupancy
↓ 4% YoY
$141
Avg Daily Rate
↑ 5.9% YoY
$92
RevPAR
↑ 1.6% YoY
38.4 days avg lead time4.7 avg length of stay

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation59
Seasonality94
Investability74
Rental Demand82
Revenue Growth68

Seasonal Patterns

Monthly seasonal data for Corrales, New Mexico
MonthOccupancyADRRevenue
Jan56%$102$1,714
Feb66%$102$1,750
Mar72%$113$2,237
Apr67%$114$2,055
May70%$115$2,229
Jun73%$117$2,223
Jul72%$116$2,302
Aug68%$112$2,148
Sep67%$116$2,015
Oct63%$150$2,515
Nov59%$117$1,957
Dec62%$121$2,090

Top Short-Term Rental Operators in Corrales

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1Evolve771,797★ 4.49
2505RivRents509,940★ 4.85
3PiruManors351,237★ 4.41
4The Dunn Dwellings34900★ 4.89
5Irvie Homes Vacation Rentals331,768★ 4.80

What Kind of STR Should I Buy in Corrales?

Revenue and pricing by property type, tier, and bedroom count.

Revenue by Bedroom Count

1 bed1,499
2 bed799
3 bed979
4 bed368
5 bed102

ADR by Property Tier

Entire Home$150
Luxury$233
Professionally Managed$162

Revenue by Dwelling Type

Apartment$1,892
Entire Place$2,574
House$2,568

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb62.2%
vrbo3.7%
both34.1%

Investment Analysis

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Home Value Trends (Corrales)

Typical Home Value
$703,312
Corrales, New MexicoRev $2,409ADR $141Occ 66%Score A (86)

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Table of Contents

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Quick Facts: Corrales

Active STRs
77
Avg Daily Rate
$195
Occupancy Rate
63%
Population
8,530
Annual Visitors
30,000

Markets in New Mexico (27)

  • Alamogordo
  • Albuquerque
  • Alto
  • Angel Fire
  • Arroyo Hondo
  • Aztec
  • Belen
  • Carlsbad
  • Cerrillos
  • Cloudcroft
  • Clovis
  • El Prado
  • Elephant Butte
  • Farmington
  • High Rolls Mountain
  • Las Cruces
  • Las Vegas
  • Los Alamos
  • Los Lunas
  • Mayhill
  • Placitas
  • Red River
  • Rio Rancho
  • Ruidoso
  • Santa Fe
  • Silver City
  • Taos

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