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Corrales · New Mexico

Corrales, NM Landlord Laws 2026

Every housing law that applies to Corrales landlords — security deposits, eviction rules, rent increases, and more. Updated for 2026.

Based on New Mexico state law.

Corrales Rental Market in 2026

$1,464

median 2BR rent

8,616

population

$1,464

max security deposit

Corrales landlords must comply with New Mexico state landlord-tenant laws. At a median 2-bedroom rent of $1,464/month, understanding deposit caps, notice periods, and eviction rules can save you thousands in penalties.

Local Housing Market Data

The HUD Fair Market Rent for a 2-bedroom in Corrales is $1,464/month, which affects Section 8 voucher amounts and affordable housing calculations.

Key Takeaways for Corrales Landlords

  • Security deposit: Capped at 1 month(s) of rent ($1,464 at median rent). Must return within 30 days or face penalties up to $2,928.

New Mexico Laws That Apply in Corrales

New Mexico Uniform Owner-Resident Relations Act

N.M. Stat. §47-8-1 et seq.

Comprehensive landlord-tenant law covering security deposits, habitability, entry, eviction, and tenant rights.

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Don’t Risk Penalties

At Corrales’s median rent of $1,464/month, a single deposit violation could cost you $2,928+. A wrongful eviction can cost thousands more in court fees, relocation payments, and damages. Know the rules before they cost you.

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How we researched this page: This guide is based on New Mexico state statutes, verified against official government sources. Rent data comes from HUD Fair Market Rents (FY2026). Last updated: August 2026.
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Reviewed by Rachid Abadli

Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019

LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.