Affordable
40th Percentile
Non-Metro
Fair Market Rent prices in Otero County are
low
compared to the national average.
This FMR area is less expensive
than
66%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Otero County is $502 per month.
The previous year, rent for a two-bedroom home was $479 per month.
This is a 4.8% increase year-over-year.
This FMR rate applies to Weed, NM, Bent, NM, Orogrande, NM, Sacramento, NM, Sunspot, NM, Timberon, NM, High Rolls Mountain Park, NM, Cloudcroft, NM, La Luz, NM, Holloman Air Force Base, NM and other cities within the region.
The Metro Code or CBSA code for this region is NCNTY35035N35035.
Additionally, This Fair Market Rent (FMR) area Otero County, NM spans one county or city in New Mexico which is listed in the table below.
Estimated population of Otero County, NM FMR area is 62,298 people based on latest Census data.
Compared to the rest of New Mexico, the Otero County FMR area is
more expensive than
62% of the state.
Otero County Fair Market Rent