Moderate
40th Percentile
Metro Area
Fair Market Rent prices in Farmington are
high
compared to the national average.
This FMR area is more expensive
than
79%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Farmington is $785 per month.
The previous year, rent for a two-bedroom home was $653 per month.
This is a 20.21% increase year-over-year.
This FMR rate applies to Nageezi, NM, Sheep Springs, NM, Sanostee, NM, Navajo Dam, NM, Newcomb, NM, Blanco, NM, La Plata, NM, Waterflow, NM, Fruitland, NM, Flora Vista, NM and other cities within the region.
The Metro Code or CBSA code for this region is METRO22140M22140.
Additionally, This Fair Market Rent (FMR) area Farmington, NM MSA spans one county or city in New Mexico which is listed in the table below.
Estimated population of Farmington, NM MSA FMR area is 130,044 people based on latest Census data.
Compared to the rest of New Mexico, the Farmington FMR area is
more expensive than
79% of the state.
Farmington Fair Market Rent