Logo Eddy County Fair Market Rent FY 2019 Eddy County, NM Rental Data

Fair Market Rent Prices in Eddy County, NM :
$698 $703 $930 $1,345 $1,589
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Eddy County are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Eddy County is $930 per month.

The previous year, rent for a two-bedroom home was $819 per month. This is a 13.55% increase year-over-year.

This FMR rate applies to Lakewood, NM, Loco Hills, NM, Malaga, NM, Whites City, NM, Loving, NM, Artesia, NM, Carlsbad, NM and other cities within the region. The Metro Code or CBSA code for this region is NCNTY35015N35015.

Additionally, This Fair Market Rent (FMR) area Eddy County, NM spans one county or city in New Mexico which is listed in the table below. Estimated population of Eddy County, NM FMR area is 53,829 people based on 2010 Census data.

Compared to the rest of New Mexico, the Eddy County FMR area is more expensive than 90% 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 Eddy County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Eddy 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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

There is just one county (listed below) within the Eddy 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
Eddy County, NM 53,829
Zip Codes in Eddy County, NM

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

88210, 88220, 88221, 88254, 88255, 88256, 88263 and 88268

Lookup Fair Market Rent by Zip Code