U.S. ZIP Code · NM87506
Santa Fe County · Santa Fe, NM
Appreciation
- 1-year
- +1.5%
- 5-year / yr
- +4.8%
- 10-year / yr
- +6.5%
Relative price
- vs U.S.
- +285.3%
- vs metro
- +149.0%
- vs state
- +291.5%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 87506 is worth $1,094,435 — 149.0% above the Santa Fe, NM median. Over the past year, values have risen 1.5%. Homes here rent for a typical $2,831 a month — a 3.1% gross rental yield. The effective property tax rate is 0.4%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Santa Fe County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Moderate
- Coastal flood
- Not Applicable
- Wildfire
- Relatively High
- Drought
- Relatively Moderate
- Heat wave
- Relatively Low
- Hurricane
- Not Applicable
- Tornado
- Very Low
- Earthquake
- Relatively Low
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Santa Fe County over a year, from IRS tax-return data.
- Net migration
- +339[5]
- Moved in
- 4,682
- Moved out
- 4,343
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 8
- Elementary
- 5
- Middle
- 2
- High
- 1
POJOAQUE HIGH
High · Grades 9–12 · POJOAQUE
593 students
PABLO ROYBAL ELEMENTARY
Elementary · Grades PK–3 · POJOAQUE
399 students
POJOAQUE MIDDLE
Middle · Grades 7–8 · POJOAQUE
258 students
POJOAQUE INTERMEDIATE
Elementary · Grades 4–5 · POJOAQUE
192 students
SIXTH GRADE ACADEMY
Middle · Grades 6 · POJOAQUE
115 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 87506?
- The typical home in 87506 is worth $1,094,435, based on the Zillow Home Value Index.
- Are home values rising in 87506?
- Home values in 87506 are up 1.5% over the past year, and up 4.8% a year over five years.
- What is the typical rent in 87506?
- A typical home in 87506 rents for about $2,831 a month, a gross rental yield of 3.1%.
- What is the property tax rate in 87506?
- The effective property tax rate in 87506 is 0.4% — roughly $4,770 a year on a typical home.
- Who lives in 87506?
- ZIP code 87506 has a population of 16,372 and a median household income of $96,511.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Galisteo CDP, NM
- Typical home
- $836,227
- Gross yield
- —
Santa Fe, NM
- Typical home
- $730,040
- Gross yield
- 3.5%
Eldorado at Santa Fe CDP, NM
- Typical home
- $646,703
- Gross yield
- 5.4%
Santa Fe, NM
- Typical home
- $564,939
- Gross yield
- 3.8%
Santa Fe, NM
- Typical home
- $459,141
- Gross yield
- 5.2%
La Cueva CDP, NM
- Typical home
- $419,923
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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Pit ZIP 87506 against any other ZIP — full side-by-side table.
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