Groundwork

Market rankings · New Mexico

Property management companies in New Mexico

Every metro area, small-town market and county in New Mexico, ranked by the Groundwork market score for property management companies, with competitor counts and household spending for each.

Listings
227
7 chain locations (3%)
Official establishments
405
+12.5% since 2019
Household spending a year
$13.9B
On rent and homeowner costs
Listings per 10k households
2.7
10% below the U.S.
Housing spending per listing (U.S. = 100)
110
10% above the U.S.
Rank among states
#23 of 51
Market score 51 · Upper middle

A site report maps the property management companies on map listings around any address in New Mexico by name and distance, and the spending within reach.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

There are 227 property management companies on map listings in New Mexico as of September 2026. Of those, 7 are chain locations, or 3%, against 4% across the U.S. Per 10,000 households, that is 2.7, 10% below the U.S. rate of 3.0.

At $16,591 per household (in line with the U.S. average), households in New Mexico spend about $13.9B a year on rent and homeowner costs. Housing spending per company is 10% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in.

Official counts show 405 businesses with payroll classed as residential and commercial property managers in New Mexico in 2023, up 12.5% from 2019. That is one for every 2,068 households, against one for every 1,638 across the U.S. Across the U.S., the count rose 11.4% over the same years. Since fiscal 2022, 4 SBA-backed loans worth $1.7M have gone to businesses classed as residential and commercial property managers in New Mexico.

Among the 50 states and DC, New Mexico ranks #23 for property management companies, with a Groundwork market score of 51 (upper middle). Of the 4 scored metro areas in or partly in New Mexico, the Las Cruces metro area scores highest (71). Of the 4 scored small-town markets in or partly in New Mexico, the Alamogordo area scores highest (70).

Every market in New Mexico for property management companies

Download the ranking (CSV)

Numbered by Groundwork market score among the markets based in New Mexico, highest first; the U.S. rank compares each market with every other of its kind. A metro area that crosses a state line is listed in each state it reaches, and numbered only in the state its page is under. How the score works.

Metro areas

Metro areas reaching New Mexico, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Las Cruces, NM71182.1133+4.1%#32 of 374
2Farmington, NM54122.999−0.9%#153 of 374
3Albuquerque, NM461153.1101+0.8%#219 of 374
4Santa Fe, NM38273.886+1.2%#285 of 374

Small-town markets

Small-town markets reaching New Mexico, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Alamogordo, NM7062.5116+3.7%#22 of 180
2Hobbs, NM5672.8107+0.2%#70 of 180
3Clovis, NM37103.872−3.3%#140 of 180
4Ruidoso, NM3055.056−2.3%#154 of 180
Gallup, NMNot scored20.9282−6.1%
Roswell, NMNot scored31.3217−2.7%
Carlsbad-Artesia, NMNot scored20.8372+0.3%
Española, NMNot scored00.0n/a−1.0%
Taos, NMNot scored42.6113+0.3%
Las Vegas, NMNot scored21.4186−3.2%
Silver City, NMNot scored32.7101−3.4%
Deming, NMNot scored00.0n/a−0.2%
Los Alamos, NMNot scored22.41710.0%

Counties

Counties in New Mexico, ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Sandoval County, NM81142.5134+6.9%#30 of 910
2Doña Ana County, NM66182.1133+4.1%#188 of 910
3Otero County, NM6462.5116+3.7%#222 of 910
4San Juan County, NM52122.999−0.9%#405 of 910
5Lea County, NM5172.8107+0.2%#422 of 910
6Santa Fe County, NM40273.886+1.2%#620 of 910
7Bernalillo County, NM38973.490−1.4%#648 of 910
8Curry County, NM3484.365−3.5%#725 of 910
9Lincoln County, NM2755.056−2.3%#824 of 910
10Colfax County, NM15611.225−1.4%#901 of 910
Valencia County, NMNot scored41.5198+7.2%
McKinley County, NMNot scored20.9282−6.1%
Chaves County, NMNot scored31.3217−2.7%
Eddy County, NMNot scored20.8372+0.3%
Rio Arriba County, NMNot scored00.0n/a−1.0%
Taos County, NMNot scored42.6113+0.3%
Grant County, NMNot scored32.7101−3.4%
San Miguel County, NMNot scored21.7159−3.2%
Cibola County, NMNot scored11.2229−0.6%
Luna County, NMNot scored00.0n/a−0.2%
Los Alamos County, NMNot scored22.41710.0%
Roosevelt County, NMNot scored22.7100−2.8%
Socorro County, NMNot scored00.0n/a−4.3%
Torrance County, NMNot scored00.0n/a+6.9%
Sierra County, NMNot scored11.8136−1.4%
Show all 33 counties
Counties in New Mexico, ranked for property management companies by Groundwork market score, continued
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Quay County, NMNot scored00.0n/a−3.0%
Guadalupe County, NMNot scored16.742−2.2%
Mora County, NMNot scored00.0n/a−3.3%
Hidalgo County, NMNot scored00.0n/a−5.6%
Union County, NMNot scored00.0n/a−5.5%
Catron County, NMNot scored00.0n/a+6.1%
De Baca County, NMNot scored00.0n/a−2.4%
Harding County, NMNot scored00.0n/a−5.4%

Markets with fewer than 5 property management companies on map listings, and counties under 10,000 people, aren’t scored; they’re listed last in each table.

Questions

How many property management companies are in New Mexico?

As of September 2026, map listings count 227 property management companies in New Mexico. 7 of them (3%) are chain locations. The listings count property management companies. Official counts show 405 businesses with payroll classed as residential and commercial property managers in 2023, up 12.5% from 2019.

How much do households in New Mexico spend on rent and homeowner costs?

About $13.9B a year, or $16,591 per household. That is in line with the U.S. average (an index of 100, where 100 is the U.S. average). For the 227 property management companies on map listings, housing spending per company is 10% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in. It is estimated from the incomes of the 837,414 households in New Mexico and national spending patterns by income.

How does New Mexico compare with the U.S. for property management companies?

New Mexico has 2.7 property management companies per 10,000 households, 10% below the U.S. rate of 3.0. The index of housing spending per company is 110, where 100 is the U.S. At the U.S. ratio of property management companies to household spending, New Mexico would have about 250, against 227 on map listings. There is one business with payroll in the industry for every 2,068 households, against one for every 1,638 across the U.S. The official count rose 12.5% from 2019 to 2023, against +11.4% for the U.S.

Which market in New Mexico has the highest market score for property management companies?

Among 4 scored metro areas in or partly in New Mexico, the Las Cruces metro area scores highest, at 71 (upper middle). Among 4 scored small-town markets in or partly in New Mexico, the Alamogordo area scores highest, at 70 (upper middle). Among 10 scored counties in New Mexico, Sandoval County scores highest, at 81 (high). Scores compare each market with others of its kind across the U.S.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. New Mexico scores 51 for property management companies (upper middle), #23 of the 50 states and DC.

How can I see the market around a specific site?

Run a Groundwork site report on an address in New Mexico. It maps the property management companies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

Property management in other states

All 51 states

Top markets for property management companies across the U.S. · All business types in New Mexico

Screening a site or an acquisition in New Mexico?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.