Corrales, NM Airbnb Market Data, Statistics, and Occupancy Rates

Corrales Short-Term Rental Market Overview

Corrales, NM is a small but growing short-term rental market nestled along the Rio Grande, just north of Albuquerque. With only 22 active Airbnb listings and year-over-year listing growth of 76%, investor interest is clearly accelerating. The market's average annual revenue of $32,449 is modest relative to average home values of $987,418, but above-average occupancy stability and a distinctive rural-luxury appeal give it a niche positioning that rewards well-managed properties.

Key Market Statistics

According to Rabbu market data, the Corrales short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Corrales

Corrales appeals to investors seeking a low-competition, high-charm market with above-average occupancy stability and proximity to Albuquerque's cultural and economic draw.

Expert Market Assessment

"Corrales earns an "Attractive Opportunity" designation with an ROI score of 57 out of 100, reflecting a market where healthy demand and occupancy stability are tempered by a below-average revenue-to-price ratio driven by high home values. Seasonality is pronounced — October stands out as the clear revenue leader at $4,150 per month, likely boosted by the Albuquerque International Balloon Fiesta, while January and February are the softest months near $1,500. For investors who can acquire property efficiently or already hold real estate in the area, the combination of thin competition and predictable demand patterns creates a viable niche play rather than a high-volume cash-flow market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Corrales

Average revenue by month in Corrales

Revenue in Corrales follows a clear seasonal arc, peaking sharply in October at $4,150 — more than 2.7× the February low of $1,524. Summer months (June–August) form a secondary peak cluster around $3,200–$3,450, while the winter trough from January through February means investors should budget for leaner cash flow in the early part of the year.

Active Airbnb listings by property size in Corrales

The market is dominated by 1-bedroom listings (10 of 22 total), with 3-bedroom properties making up the remaining 5 reported. The absence of 2-bedroom, 4-bedroom, and studio listings in the data suggests a potential gap — investors offering mid-size configurations could find less direct competition.

Average daily rate (ADR) by property size in Corrales

ADR scales from $136 for 1-bedroom units to $207 for 3-bedroom properties, a 52% premium. The jump to 3 bedrooms offers a meaningful rate increase, though investors should weigh the higher acquisition and operating costs against that nightly rate lift.

Average RevPAN by property size in Corrales

One-bedroom listings actually deliver the stronger RevPAN at $66 compared to $55 for 3-bedroom properties, driven by their significantly higher occupancy. This suggests that on a per-available-night basis, smaller units are currently more efficient revenue generators in Corrales.

Average occupancy rates by property size in Corrales

One-bedroom listings fill nearly half their available nights at 49% occupancy, while 3-bedroom properties sit at just 27%. For investors prioritizing consistent bookings and predictable cash flow, 1-bedroom units offer substantially more stability in this market.

Average monthly revenue by property size in Corrales

Despite lower occupancy, 3-bedroom properties earn more per month at $3,459 compared to $2,237 for 1-bedroom units, thanks to their higher nightly rates. The trade-off is clear: larger units generate bigger checks when booked, but smaller units deliver more reliable night-to-night income.

Average annual revenue by property size in Corrales

Three-bedroom properties lead with $41,517 in average annual revenue versus $26,852 for 1-bedroom listings. However, given the significant home value premiums for larger properties in Corrales, investors should carefully model net yield rather than focusing on gross revenue alone.

Most common amenities for Airbnb listings in Corrales

Parking is universal (100%) across Corrales listings, reflecting the rural, car-dependent nature of the village, while kitchen access (91%), outdoor furniture (77%), and workspace (77%) round out the top tier. The prevalence of outdoor amenities like patios, backyards, and BBQ grills signals that guests expect a relaxed, indoor-outdoor experience — investors who lean into this aesthetic are aligning with market norms.

Understanding Corrales's ROI Score: 57/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Corrales's ROI score of 57 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where above-average occupancy stability and positive growth trends are partially offset by a below-average revenue-to-price ratio — largely a function of high home values averaging nearly $1 million. The supply/demand balance registers as average, meaning the market isn't yet saturated but isn't dramatically undersupplied either. Investors should pair these metrics with thorough local regulatory research and realistic acquisition cost modeling to determine whether the numbers work for their specific portfolio goals.

Short-Term Rental Regulations in Corrales

Understanding local STR regulations is essential before investing in Corrales. Here's the current regulatory landscape:

Permit Requirements

The Village of Corrales and the state of New Mexico may require short-term rental operators to obtain permits or register their properties before listing. Investors should verify current requirements directly with the Village of Corrales planning department and the New Mexico Regulation and Licensing Department.

Key Restrictions

Common STR restrictions in New Mexico communities can include occupancy limits, minimum-stay requirements, noise and nuisance ordinances, parking standards, and HOA-imposed rules that may further limit or prohibit rentals. Because Corrales is a small village with a residential character, investors should pay particular attention to any neighborhood-specific covenants or zoning overlays that could apply.

Tax Obligations

Short-term rental operators in New Mexico are generally subject to state gross receipts tax and may owe local lodgers' tax to the Village of Corrales. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a local tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Corrales can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Corrales is likely to see continued supply growth as investors respond to the village's rising profile, though the small absolute listing count means even a handful of new entries can shift competitive dynamics. Seasonal demand should remain anchored by a strong October peak and a solid summer stretch from June through August, with ADR potentially edging up 2–4% as the market matures. Occupancy rates are estimated to hold in the 35–40% range market-wide, supported by above-average stability, though investors should plan for softer January–February periods when monthly revenue dips below $1,600."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Corrales, NM

What is the average Airbnb occupancy rate in Corrales?

The average occupancy rate for Airbnb listings in Corrales is currently 37%, which sits just above the New Mexico state average of 36%. Occupancy varies significantly by property size — 1-bedroom listings average 49% occupancy, while 3-bedroom properties run closer to 27%. This means smaller units tend to stay booked more consistently, which is worth factoring into your investment strategy.

How much do Airbnb hosts make in Corrales?

Airbnb hosts in Corrales earn an average of $2,704 per month, or roughly $32,449 per year, based on trailing 12-month booking data. Revenue varies by property size: 1-bedroom listings average about $26,852 annually, while 3-bedroom properties bring in approximately $41,517. Monthly performance also swings with the seasons, ranging from around $1,524 in February to $4,150 in October.

Is Corrales a good market for Airbnb investment?

Corrales carries an ROI score of 57 out of 100, rated as an "Attractive Opportunity." The market benefits from above-average occupancy stability and positive growth trends, though the revenue-to-price ratio is below average due to high home values (averaging $987,418). It's best suited for investors who can manage acquisition costs effectively or who already own property in the area and want to capitalize on the village's low competition and distinctive appeal.

What is the average daily rate (ADR) for Airbnb in Corrales?

The average daily rate in Corrales is $197, which comes in below the New Mexico state average of $249. ADR ranges from $136 for 1-bedroom listings to $207 for 3-bedroom properties. The lower-than-state-average rate reflects the market's more intimate, village-oriented positioning compared to high-tourism destinations elsewhere in New Mexico.

Are short-term rentals legal in Corrales?

Short-term rentals are generally permitted in New Mexico, but the Village of Corrales may have its own registration, permitting, or zoning requirements that operators must follow. Investors should contact the Village of Corrales directly and review any applicable HOA rules before purchasing or listing a property. Local regulations can change, so staying current with municipal ordinances is essential.

When is peak season for Airbnb in Corrales?

October is the clear peak month in Corrales, with average revenue reaching $4,150 — likely driven by the nearby Albuquerque International Balloon Fiesta. The broader summer season from June through August is also strong, with monthly revenues ranging from $3,171 to $3,453. The slowest months are January and February, when average revenue drops to around $1,524–$1,587.

How many Airbnbs are there in Corrales?

As of April 2026, there are 22 active Airbnb listings in Corrales. This represents a 76% increase year-over-year, signaling growing investor interest. The small total supply means there's limited competition, but it also means market dynamics can shift quickly as new listings come online.

How is Airbnb revenue calculated in Corrales?

The annual and monthly revenue figures for Corrales are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower periods, since each month draws on its own historical data. Individual results can vary based on property quality, pricing strategy, and how well the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts, occupancy rates, and daily rates for the Corrales market
• Historical revenue and yield metrics based on trailing 12-month booking performance
• Property size breakdowns including listings, ADR, occupancy, and revenue by bedroom count
• Amenity prevalence data across active listings to identify guest expectations
• Home value benchmarks sourced from Zillow Home Value Index (ZHVI) for investment analysis

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, HOA restrictions, and tax obligations vary and should be independently verified before investing.