Rent in Socorro, NM
A 2-bedroom in Socorro, NM (ZIP 87801) typically rents for about $554 a month, with a range of $554–$1,014. Owner-occupied homes in Socorro County pay about 0.61% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $478 | $478–$807 | 1 |
| 1 bed | $663 | $663–$931 | 1 |
| 2 beds | $554 | $554–$1,014 | 1 |
| 3 beds | $948 | $948–$1,404 | 1 |
| 4 beds | $1,590 | $1,590 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Socorro ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Socorro, NM?
- About $554 a month: the median of the typical rents in 1 ZIP code, which range from $554–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Socorro, NM?
- About $663 a month: the median of the typical rents in 1 ZIP code, which range from $663–$931. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Socorro, NM?
- About $948 a month: the median of the typical rents in 1 ZIP code, which range from $948–$1,404. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Socorro, NM?
- About $478 a month: the median of the typical rents in 1 ZIP code, which range from $478–$807. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Socorro, NM?
- About $1,590 a month: the median of the typical rents in 1 ZIP code, which range from $1,590. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Socorro, NM?
- Owner-occupied homes in Socorro County pay a typical 0.61% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Socorro rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).