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RentData.org Logo New Mexico Fair Market Rent for 2016 Accurate Rental Price Data

Average Fair Market Rent Prices in New Mexico:
$521 $589 $740 $997 $1,185
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

New Mexico (NM) has the 28th highest rent in the country out of 56 states and territories. The Fair Market Rent in New Mexico ranges from $658 for a 2-bedroom apartment in Luna County, NM to $1,041 for a 2-bedroom unit in Los Alamos County, NM.

For FY 2016, the Los Alamos County, NM (Los Alamos County) rent for a studio or efficiency is $642 per month and $1,817 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 $740 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in New Mexico is around 2,059,179 people. So, there are around 308,877 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:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Bernalillo County Metro $591 $767 $941 $1,352 $1,643 662,564
Catron County $482 $502 $658 $959 $1,054 3,725
Chaves County $439 $505 $676 $896 $1,180 65,645
Cibola County $482 $492 $658 $904 $1,139 27,213
Colfax County $482 $492 $658 $817 $902 13,750
Curry County $513 $516 $682 $994 $1,191 48,376
De Baca County $482 $502 $658 $878 $1,054 2,022
Dona Ana County Metro $466 $541 $660 $938 $1,130 209,233
Eddy County $599 $603 $783 $1,005 $1,164 53,829
Grant County $482 $569 $658 $942 $1,125 29,514
Guadalupe County $482 $569 $658 $959 $1,054 4,687
Harding County $482 $502 $658 $878 $1,054 695
Hidalgo County $482 $569 $658 $878 $1,054 4,894
Lea County $548 $552 $739 $944 $1,030 64,727
Lincoln County $540 $654 $875 $1,113 $1,401 20,497
Los Alamos County $642 $778 $1,041 $1,319 $1,817 17,950
Luna County $481 $528 $658 $959 $990 25,095
McKinley County $476 $569 $658 $817 $902 71,492
Mora County $482 $569 $658 $857 $1,054 4,881
Otero County $542 $569 $658 $959 $1,149 63,797
Quay County $482 $492 $658 $817 $902 9,041
Rio Arriba County $501 $527 $658 $817 $1,040 40,246
Roosevelt County $516 $549 $705 $887 $1,149 19,846
San Juan County Metro $610 $617 $787 $977 $1,079 130,044
San Miguel County $432 $569 $701 $899 $1,123 29,393
Sandoval County Metro $591 $767 $941 $1,352 $1,643 131,561
Santa Fe County Metro $723 $782 $943 $1,252 $1,314 144,170
Sierra County $414 $502 $672 $926 $1,076 11,988
Socorro County $501 $523 $658 $879 $1,149 17,866
Taos County $583 $740 $879 $1,091 $1,205 32,937
Torrance County Metro $591 $767 $941 $1,352 $1,643 16,383
Union County $482 $492 $658 $927 $1,054 4,549
Valencia County Metro $591 $767 $941 $1,352 $1,643 76,569
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