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RentData.org Logo New Mexico Fair Market Rent for 2008 Accurate Rental Price Data

Average Fair Market Rent Prices in New Mexico:
$418 $460 $546 $724 $835
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 118th highest rent in the country out of 162 states and territories. The Fair Market Rent in New Mexico ranges from $479 for a 2-bedroom apartment in Catron County, NM to $911 for a 2-bedroom unit in Los Alamos County, NM.

For FY 2008, the Los Alamos County, NM (Los Alamos County) rent for a studio or efficiency is $596 per month and $1,126 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 $546 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 $511 $602 $760 $1,107 $1,327 556,678
Catron County, NM $355 $400 $479 $698 $719 3,543
Chaves County, NM $382 $384 $490 $641 $661 61,382
Cibola County, NM $399 $430 $479 $696 $756 25,595
Colfax County, NM $423 $453 $509 $642 $668 14,189
Curry County, NM $399 $413 $479 $649 $843 45,044
De Baca County, NM $398 $410 $479 $646 $787 2,240
Las Cruces, NM MSA Metro $438 $473 $527 $727 $807 174,682
Eddy County, NM $319 $408 $479 $643 $781 51,658
Grant County, NM $383 $444 $504 $710 $730 31,002
Guadalupe County, NM $469 $475 $566 $711 $741 4,680
Harding County, NM $398 $410 $479 $646 $787 810
Hidalgo County, NM $355 $400 $479 $698 $719 5,932
Lea County, NM $397 $432 $479 $630 $663 55,511
Lincoln County, NM $374 $470 $573 $721 $1,007 19,411
Los Alamos County, NM $596 $694 $911 $1,093 $1,126 18,343
Luna County, NM $398 $432 $479 $611 $733 25,016
McKinley County, NM $377 $443 $583 $697 $902 74,798
Mora County, NM $469 $475 $566 $711 $741 5,180
Otero County, NM $366 $433 $479 $700 $843 62,298
Quay County, NM $398 $410 $479 $646 $787 10,155
Rio Arriba County, NM $427 $435 $514 $665 $738 41,190
Roosevelt County, NM $397 $408 $479 $664 $821 18,018
Farmington, NM MSA Metro $455 $481 $579 $765 $863 113,801
San Miguel County, NM $401 $432 $532 $707 $821 30,126
Santa Fe, NM MSA Metro $586 $727 $884 $1,157 $1,383 129,292
Sierra County, NM $310 $386 $479 $700 $842 13,270
Socorro County, NM $399 $399 $479 $574 $813 18,078
Taos County, NM $569 $619 $685 $820 $845 29,979
Union County, NM $398 $410 $479 $646 $787 4,174

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