Percha Dam State Park is a state park of New Mexico, United States, located south of Truth or Consequences, New Mexico on the Rio Grande. The park itself encompasses approximately . The dam is less than downstream of the much larger Caballo Dam, and therefore Percha Dam's reservoir is essentially a wide, slow moving section of river. The dam's purpose is to raise the elevation of the Rio Grande slightly to allow irrigation of the chile pepper crop downstream.
The park is popular for fishing, rafting, kayaking, and bird watching, and it is especially popular during the spring and autumn migration seasons.