Affordable
40th Percentile
Non-Metro
Fair Market Rent prices in Lea County are
low
compared to the national average.
This FMR area is less expensive
than
56%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Lea County is $661 per month.
The previous year, rent for a two-bedroom home was $570 per month.
This is a 15.96% increase year-over-year.
This FMR rate applies to Crossroads, NM, Caprock, NM, Mcdonald, NM, Maljamar, NM, Monument, NM, Tatum, NM, Jal, NM, Eunice, NM, Lovington, NM, Hobbs, NM and other cities within the region.
The Metro Code or CBSA code for this region is NCNTY35025N35025.
Additionally, This Fair Market Rent (FMR) area Lea County, NM spans one county or city in New Mexico which is listed in the table below.
Estimated population of Lea County, NM FMR area is 64,727 people based on latest Census data.
Compared to the rest of New Mexico, the Lea County FMR area is
less expensive than
80% of the state.