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RentData.org Logo Grant County Fair Market Rent FY 2007 Grant County, NM Rental Data

Fair Market Rent Prices in Grant County, NM :
$377 $437 $497 $700 $720
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Grant County are low compared to the national average. This FMR area is less expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Grant County is $497 per month.

The previous year, rent for a two-bedroom home was $480 per month. This is a 3.54% increase year-over-year.

This FMR rate applies to Redrock, NM, Buckhorn, NM, Mule Creek, NM, Cliff, NM, Faywood, NM, Fort Bayard, NM, Gila, NM, Hachita, NM, Pinos Altos, NM, Arenas Valley, NM and other cities within the region. The Metro Code or CBSA code for this region is NCNTY35017N35017.

Additionally, This Fair Market Rent (FMR) area Grant County, NM spans one county or city in New Mexico which is listed in the table below. Estimated population of Grant County, NM FMR area is 31,002 people based on latest Census data.

Compared to the rest of New Mexico, the Grant County FMR area is more expensive than 51% of the state.

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

Median Rent Prices in Grant County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 424
1-BR 1-Bedroom $ 448
2-BR 2-Bedroom $ 535
3-BR 3-Bedroom $ 737
4-BR 4-Bedroom $ 759
Change Year:

There is just one county (listed below) within the Grant County, NM FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Albuquerque - Santa Fe.

County / Region Est. Population
Grant County, NM 31,002
Zip Codes in Grant County, NM

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

88022, 88023, 88025, 88026, 88028, 88034, 88036, 88038, 88040, 88041, 88043, 88049, 88051, 88053, 88055, 88061, 88062 and 88065

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