Moderate
40th Percentile
Non-Metro
Fair Market Rent prices in Chaves County are
average
compared to the national average.
This FMR area is more expensive
than
62%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Chaves County is $645 per month.
The previous year, rent for a two-bedroom home was $780 per month.
This is a 17.31% decrease year-over-year.
This FMR rate applies to Elida, NM, Hope, NM, Mayhill, NM, Pinon, NM, Lake Arthur, NM, Hagerman, NM, Dexter, NM, Roswell, NM and other cities within the region.
The Metro Code or CBSA code for this region is NCNTY35005N35005.
Additionally, This Fair Market Rent (FMR) area Chaves County, NM spans one county or city in New Mexico which is listed in the table below.
Estimated population of Chaves County, NM FMR area is 65,645 people based on latest Census data.
Compared to the rest of New Mexico, the Chaves County FMR area is
less expensive than
59% of the state.