RentData.org

RentData.org Logo Eddy County Fair Market Rent FY 2014 Eddy County, NM Rental Data

Fair Market Rent Prices in Eddy County, NM :
$540 $554 $737 $947 $985
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Eddy County are average compared to the national average. This FMR area is more expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Eddy County is $737 per month.

The previous year, rent for a two-bedroom home was $659 per month. This is a 11.84% increase year-over-year.

This FMR rate applies to Lakewood, NM, Loco Hills, NM, Malaga, NM, Whites City, NM, Loving, NM, Artesia, NM, Carlsbad, NM and other cities within the region. The Metro Code or CBSA code for this region is NCNTY35015N35015.

Additionally, This Fair Market Rent (FMR) area Eddy County, NM spans one county or city in New Mexico which is listed in the table below. Estimated population of Eddy County, NM FMR area is 53,829 people based on latest Census data.

Compared to the rest of New Mexico, the Eddy County FMR area is more expensive than 68% of the state.

New Mexico Rents Map

Click on the map to view more another region.

See Nationwide Map

What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Eddy County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Eddy County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 579
1-BR 1-Bedroom $ 594
2-BR 2-Bedroom $ 790
3-BR 3-Bedroom $ 1015
4-BR 4-Bedroom $ 1056
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Eddy County, NM FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Albuquerque - Santa Fe.

County / Region Est. Population
Eddy County, NM 53,829
Zip Codes in Eddy County, NM

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

88210, 88220, 88221, 88254, 88255, 88256, 88263 and 88268

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top