New Mexico Fair Market Rents (FY2027)
New Mexico fair market rents for FY2027: 2-bedroom FMRs range from $1,014 to $1,874 across 30 HUD FMR areas. Find your area.
FMRs are HUD's estimate of 40th-percentile gross rent (shelter rent plus utilities) for recent movers in standard units.
An FMR is not a voucher amount. Each housing authority sets its own payment standards, normally between 90% and 110% of the FMR; HUD rules also allow exception amounts above 110% in some cases. Where HUD requires Small Area FMRs, or a housing authority has chosen to use them, payment standards are based on ZIP code rents, not the area-wide FMR shown here. Ask your housing authority for its payment standard.
| Area | Studio | 1 bedroom | 2 bedroom | 3 bedroom | 4 bedroom |
|---|---|---|---|---|---|
| Albuquerque, NM | $977 | $1,112 | $1,384 | $1,902 | $2,242 |
| Farmington, NM | $850 | $855 | $1,116 | $1,545 | $1,673 |
| Las Cruces, NM | $790 | $975 | $1,073 | $1,461 | $1,692 |
| Santa Fe, NM | $1,260 | $1,413 | $1,735 | $2,134 | $2,280 |
| Catron County, NM | $842 | $870 | $1,059 | $1,449 | $1,660 |
| Chaves County, NM | $868 | $892 | $1,091 | $1,476 | $1,624 |
| Cibola County, NM | $813 | $852 | $1,022 | $1,218 | $1,343 |
| Colfax County, NM | $807 | $931 | $1,014 | $1,376 | $1,590 |
| Curry County, NM | $802 | $891 | $1,151 | $1,522 | $1,889 |
| De Baca County, NM | $807 | $833 | $1,014 | $1,388 | $1,590 |
| Eddy County, NM | $1,053 | $1,150 | $1,252 | $1,734 | $1,855 |
| Grant County, NM | $820 | $825 | $1,070 | $1,286 | $1,678 |
| Guadalupe County, NM | $770 | $775 | $1,014 | $1,325 | $1,590 |
| Harding County, NM | $842 | $870 | $1,059 | $1,449 | $1,660 |
| Hidalgo County, NM | $807 | $833 | $1,014 | $1,404 | $1,590 |
| Lea County, NM | $1,111 | $1,117 | $1,327 | $1,670 | $1,823 |
| Lincoln County, NM | $834 | $839 | $1,063 | $1,355 | $1,667 |
| Los Alamos County, NM | $1,305 | $1,433 | $1,874 | $2,233 | $3,132 |
| Luna County, NM | $709 | $782 | $1,014 | $1,325 | $1,399 |
| McKinley County, NM | $794 | $911 | $1,140 | $1,358 | $1,498 |
| Mora County, NM | $807 | $833 | $1,014 | $1,388 | $1,590 |
| Otero County, NM | $706 | $877 | $1,014 | $1,404 | $1,695 |
| Quay County, NM | $774 | $779 | $1,019 | $1,323 | $1,598 |
| Rio Arriba County, NM | $822 | $833 | $1,014 | $1,387 | $1,597 |
| Roosevelt County, NM | $807 | $818 | $1,014 | $1,404 | $1,695 |
| San Miguel County, NM | $796 | $925 | $1,077 | $1,491 | $1,689 |
| Sierra County, NM | $706 | $780 | $1,014 | $1,404 | $1,590 |
| Socorro County, NM | $807 | $931 | $1,014 | $1,404 | $1,590 |
| Taos County, NM | $900 | $1,104 | $1,292 | $1,626 | $1,932 |
| Union County, NM | $773 | $778 | $1,014 | $1,388 | $1,590 |