Market comparison

Ruidoso, NM vs Santa Fe, NM

On modelled numbers, Santa Fe carries the higher annual revenue and Santa Fe the stronger occupancy. Same state alternatives

Modelled estimate
Ruidoso, NMSanta Fe, NM
Modelled annual revenue$43,000$61,800
Nightly rate$218$282
Occupancy54%60%
Nights booked a year197219
Peak seasonJun–Jul–AugApr–May–Oct
Season concentration45% in top 4 months40% in top 4 months
Modelled purchase price$325,000$420,000
Modelled cash-on-cash12%16%
Break-even occupancy36%36%
Mid-term monthly rent$2,950$3,800
Short vs mid-termCloseNightly ahead
Rule statusStatus unpublishedStatus unpublished
Market typemountainhistoric

Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers. Rule status is only stated where we hold an official source; otherwise it is marked as needing verification on each market's regulation page.

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