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RentData.org Logo Hidalgo County Fair Market Rent FY 2020 Hidalgo County, NM Rental Data

Fair Market Rent Prices in Hidalgo County, NM :
$573 $627 $714 $911 $1,167
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 Hidalgo County are average compared to the national average. This FMR area is more expensive than 57% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hidalgo County is $714 per month.

The previous year, rent for a two-bedroom home was $700 per month. This is a 2% increase year-over-year.

This FMR rate applies to Rodeo, NM, Animas, NM, Lordsburg, NM and other cities within the region. The Metro Code or CBSA code for this region is NCNTY35023N35023.

Additionally, This Fair Market Rent (FMR) area Hidalgo County, NM spans one county or city in New Mexico which is listed in the table below. Estimated population of Hidalgo County, NM FMR area is 0 people based on 2000 Census data.

Compared to the rest of New Mexico, the Hidalgo County FMR area is less expensive than 75% 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 Hidalgo County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hidalgo 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 $ 573
1-BR 1-Bedroom $ 627
2-BR 2-Bedroom $ 714
3-BR 3-Bedroom $ 890
4-BR 4-Bedroom $ 1167
Change Year:

There is just one county (listed below) within the Hidalgo 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
Hidalgo County, NM 0
Zip Codes in Hidalgo County, NM

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

88020, 88045 and 88056

Lookup Fair Market Rent by Zip Code
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