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RentData.org Logo Sierra County Fair Market Rent FY 2010 Sierra County, NM Rental Data

Fair Market Rent Prices in Sierra County, NM :
$339 $422 $523 $764 $919
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 Sierra County are very low compared to the national average. This FMR area is less expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sierra County is $523 per month.

The previous year, rent for a two-bedroom home was $502 per month. This is a 4.18% increase year-over-year.

This FMR rate applies to Winston, NM, Hillsboro, NM, Caballo, NM, Derry, NM, Monticello, NM, Arrey, NM, Williamsburg, NM, Elephant Butte, NM, Truth Or Consequences, NM and other cities within the region. The Metro Code or CBSA code for this region is NCNTY35051N35051.

Additionally, This Fair Market Rent (FMR) area Sierra County, NM spans one county or city in New Mexico which is listed in the table below. Estimated population of Sierra County, NM FMR area is 13,270 people based on 2000 Census data.

Compared to the rest of New Mexico, the Sierra County FMR area is less expensive than 71% of the state.

New Mexico Rents Map

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

Median Rent Prices in Sierra 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 $ 370
1-BR 1-Bedroom $ 451
2-BR 2-Bedroom $ 569
3-BR 3-Bedroom $ 806
4-BR 4-Bedroom $ 954
Change Year:

There is just one county (listed below) within the Sierra 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
Sierra County, NM 13,270
Zip Codes in Sierra County, NM

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

87901, 87930, 87931, 87933, 87935, 87939, 87942, 87943 and 88042

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