New Mexico fair market rents FY 2027
HUD's FY 2027 Fair Market Rents, effective October 1, 2026, put a two-bedroom home in New Mexico at $1,014 to $1,874 a month depending on the county; the median New Mexico county is $1,063, against $1,040 in FY 2026 (+2.2%). The highest are Los Alamos County ($1,874), Santa Fe County ($1,735) and Bernalillo County ($1,384).
Fair market rent for every New Mexico county
| County | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2 BR FY 2026 |
|---|---|---|---|---|---|---|
| Bernalillo County | $977 | $1,112 | $1,384 | $1,902 | $2,242 | $1,464 |
| Catron County | $842 | $870 | $1,059 | $1,449 | $1,660 | $1,040 |
| Chaves County | $868 | $892 | $1,091 | $1,476 | $1,624 | $1,071 |
| Cibola County | $813 | $852 | $1,022 | $1,218 | $1,343 | $993 |
| Colfax County | $807 | $931 | $1,014 | $1,376 | $1,590 | $973 |
| Curry County | $802 | $891 | $1,151 | $1,522 | $1,889 | $1,098 |
| De Baca County | $807 | $833 | $1,014 | $1,388 | $1,590 | $973 |
| Doña Ana County | $790 | $975 | $1,073 | $1,461 | $1,692 | $1,042 |
| Eddy County | $1,053 | $1,150 | $1,252 | $1,734 | $1,855 | $1,188 |
| Grant County | $820 | $825 | $1,070 | $1,286 | $1,678 | $1,048 |
| Guadalupe County | $770 | $775 | $1,014 | $1,325 | $1,590 | $973 |
| Harding County | $842 | $870 | $1,059 | $1,449 | $1,660 | $1,040 |
| Hidalgo County | $807 | $833 | $1,014 | $1,404 | $1,590 | $973 |
| Lea County | $1,111 | $1,117 | $1,327 | $1,670 | $1,823 | $1,324 |
| Lincoln County | $834 | $839 | $1,063 | $1,355 | $1,667 | $999 |
| Los Alamos County | $1,305 | $1,433 | $1,874 | $2,233 | $3,132 | $1,740 |
| Luna County | $709 | $782 | $1,014 | $1,325 | $1,399 | $973 |
| McKinley County | $794 | $911 | $1,140 | $1,358 | $1,498 | $1,090 |
| Mora County | $807 | $833 | $1,014 | $1,388 | $1,590 | $973 |
| Otero County | $706 | $877 | $1,014 | $1,404 | $1,695 | $973 |
| Quay County | $774 | $779 | $1,019 | $1,323 | $1,598 | $973 |
| Rio Arriba County | $822 | $833 | $1,014 | $1,387 | $1,597 | $973 |
| Roosevelt County | $807 | $818 | $1,014 | $1,404 | $1,695 | $975 |
| San Juan County | $850 | $855 | $1,116 | $1,545 | $1,673 | $1,085 |
| San Miguel County | $796 | $925 | $1,077 | $1,491 | $1,689 | $1,008 |
| Sandoval County | $977 | $1,112 | $1,384 | $1,902 | $2,242 | $1,464 |
| Santa Fe County | $1,260 | $1,413 | $1,735 | $2,134 | $2,280 | $1,685 |
| Sierra County | $706 | $780 | $1,014 | $1,404 | $1,590 | $1,004 |
| Socorro County | $807 | $931 | $1,014 | $1,404 | $1,590 | $973 |
| Taos County | $900 | $1,104 | $1,292 | $1,626 | $1,932 | $1,279 |
| Torrance County | $977 | $1,112 | $1,384 | $1,902 | $2,242 | $1,464 |
| Union County | $773 | $778 | $1,014 | $1,388 | $1,590 | $973 |
| Valencia County | $977 | $1,112 | $1,384 | $1,902 | $2,242 | $1,464 |
FY 2027 monthly Fair Market Rents (rent plus tenant-paid utilities except telephone).
More for New Mexico
- Fair market rent by ZIP codeHUD Small Area FMRs for any metropolitan ZIP code, with the payment standard range.
- New Mexico loan limitsFHA, VA and conforming loan limits for every New Mexico county.
- New Mexico property tax ratesEffective property tax rate for every New Mexico county.
- Fair market rents by stateEvery state's median and range, and how HUD sets FMRs.
For the title side (owner of record, deeds, mortgages, liens), see the counties HeritageDeed covers; a title report is $49 per report.
Questions about New Mexico fair market rents
What is the fair market rent in New Mexico for FY 2027?
It depends on the county: for two bedrooms, from $1,014 to $1,874 a month, with a county median of $1,063. The table on this page lists every county from studio to four bedrooms; FY 2027 runs October 1, 2026 to September 30, 2027.
What is the HUD fair market rent for a 2 bedroom in New Mexico?
$1,063 in the median county, $1,014 in the lowest and $1,874 in the highest (Los Alamos County). Metropolitan counties share their area's FMR; non-metropolitan counties each have their own.
How much did New Mexico fair market rents change from FY 2026?
The median county's two-bedroom FMR moved from $1,040 in FY 2026 to $1,063 in FY 2027 (+2.2%). HUD's rule generally keeps an area's FMR at no less than 90 percent of the previous year's (24 CFR 888.113(b)).
What are Section 8 payment standards in New Mexico?
Each housing agency sets its own, normally between 90 and 110 percent of the FMR for the unit size (the basic range in 24 CFR 982.503); in HUD's designated Small Area FMR metros, from the ZIP code's Small Area FMR. County pages show the basic range; the agency's published schedule is the final word.
Fair market rents in nearby states
Legal references
- 24 CFR 888.113, Fair market rents for existing housing: methodology
- 24 CFR 982.503, Voucher tenancy: payment standard amount and schedule