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RentData.org Logo New Mexico Fair Market Rent for 2007 Accurate Rental Price Data

Average Fair Market Rent Prices in New Mexico:
$412 $453 $537 $713 $822
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New Mexico (31) has the 112th highest rent in the country out of 162 states and territories. The Fair Market Rent in New Mexico ranges from $472 for a 2-bedroom apartment in Catron County, NM to $898 for a 2-bedroom unit in Los Alamos County, NM.

For FY 2007, the Los Alamos County, NM (Los Alamos County) rent for a studio or efficiency is $587 per month and $1,110 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in New Mexico is $537 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in New Mexico is around 1,646,075 people. So, there are around 246,911 people in New Mexico who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 New Mexico. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

New Mexico Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in New Mexico
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Albuquerque, NM MSA Metro $502 $591 $746 $1,086 $1,303 556,678
Catron County, NM $350 $394 $472 $688 $708 3,543
Chaves County, NM $376 $377 $482 $630 $650 61,382
Cibola County, NM $393 $424 $472 $686 $745 25,595
Colfax County, NM $418 $446 $502 $634 $659 14,189
Curry County, NM $393 $407 $472 $639 $831 45,044
De Baca County, NM $392 $404 $472 $637 $775 2,240
Las Cruces, NM MSA Metro $433 $467 $521 $719 $798 174,682
Eddy County, NM $315 $402 $472 $633 $769 51,658
Grant County, NM $377 $437 $497 $700 $720 31,002
Guadalupe County, NM $461 $467 $556 $698 $728 4,680
Harding County, NM $392 $404 $472 $637 $775 810
Hidalgo County, NM $350 $394 $472 $688 $708 5,932
Lea County, NM $391 $425 $472 $621 $654 55,511
Lincoln County, NM $366 $461 $562 $708 $987 19,411
Los Alamos County, NM $587 $684 $898 $1,078 $1,110 18,343
Luna County, NM $392 $425 $472 $602 $723 25,016
McKinley County, NM $372 $437 $575 $687 $890 74,798
Mora County, NM $461 $467 $556 $698 $728 5,180
Otero County, NM $361 $427 $472 $690 $831 62,298
Quay County, NM $392 $404 $472 $637 $775 10,155
Rio Arriba County, NM $420 $428 $506 $655 $727 41,190
Roosevelt County, NM $391 $402 $472 $654 $809 18,018
Farmington, NM MSA Metro $448 $474 $571 $755 $851 113,801
San Miguel County, NM $395 $425 $524 $696 $809 30,126
Santa Fe, NM MSA Metro $578 $717 $872 $1,141 $1,365 129,292
Sierra County, NM $306 $380 $472 $690 $830 13,270
Socorro County, NM $393 $394 $472 $565 $801 18,078
Taos County, NM $559 $608 $673 $806 $830 29,979
Union County, NM $392 $404 $472 $637 $775 4,174

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