Short-term rentals (STRs) in Quay County, New Mexico, are regulated under local ordinances and are characterized as "transient accommodations." These rentals are legal, provided that property owners comply with zoning regulations and obtain necessary permits. The types of properties that flourish in this market typically include rural cabins and vacation homes, catering primarily to leisure travelers and tourists who visit for outdoor activities, such as fishing and hiking, particularly near lakes and parks. The market environment leans more towards tourism, as Quay County draws visitors for its natural attractions and offers a peaceful getaway from urban settings. The Quay County Commission oversees the regulation of short-term rentals, ensuring that they conform to local ordinances. For further details, you can visit the official government website at Quay County Ordinances.